Dogecoin (DOGE) Rally Accelerates As 3-Days Return Reaches 20%
Dogecoin is gradually gaining momentum on the market, with the 3-day return of the current rally reaching 20%, which creates the foundation for a solid run to highs we saw back in the beginning of November.
Six days ago, DOGE successfully bounced off of the local support level and then started its way up. In less than a week, the leading meme currency has gained more than 35% to its value, leaving alternatives like Shiba Inu way behind in terms of market performance. Dogecoin is moving on the verge of a reversal as the 200- and the 50-day moving average.
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