Join our Telegram channel to stay up to date on breaking news coverage
Dogecoin price rose 7% in the last 24 hours to trade at $0.07995 starting at 7am EST.
The increase comes as crypto company Bakkt has expanded its custody support to include Shiba Inu and Dogecoin.
Digital asset custody involves securing cryptographic keys essential to accessing and transferring assets. Custodians like Bakkt implement various security measures, such as coin cold storage and multi-signature technology, which require multiple approvals for access, to protect these assets.
Bakkt shifts focus to custody services and adds support for DOGE, SHIB and other coins
Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets in custody decreased by 28%.
Bakkt is refocusing on digital asset custody, expanding… pic.twitter.com/NhdQcj05TL
– Pavelko Vince (@PavelkoVin43608) November 16, 2023
Dogecoin Price: Bulls Eye $0.1475 Amid Strong Momentum
Throughout 2023, DOGE has been on a downward trajectory, forming a falling wedge pattern that typically indicates a shift towards bullish momentum.
Dogecoin price shows a bounce off the $0.58 support zone on the daily chart, giving bulls the strength to push the price above the boundaries of the falling wedge pattern, coinciding with a retest of the 200-day simple moving average. The bounce shows strong bullish dominance, taking the price above the $0.075 resistance level.
The bullish momentum caused a bounce off the previous support of $0.066, reaching the current high of $0.0825. However, the bulls faced rejection.
Dogecoin price rose 7% in the last 24 hours to trade at $0.07995 starting at 7am EST.
Dogecoin Price: Crucial Support
The price broke above the 50-day and 200-day simple moving averages, with crucial support provided by the 200-day SMA.
Although the relative strength index (RSI) upward movement has seen a slight decline from an overbought level, it is still in an uptrend, trading at 66. This indicates increased strength and momentum for DOGE. If the uptrend persists, there is a possibility that the RSI will enter the overbought zone.
However, if you want to earn fast and high returns, consider participating in the BTCMTX pre-sale project, the price of which will increase in less than 20 hours.
BTCMTX Pre-Sale Raises $4 Million, Approaching Soft Limit of $4.6 Million
As an investor, you want to take advantage of the rapid increase in pre-sales of bitcoin Minetrix (BTCMTX)which is approaching its soft limit of $4.6 million.
Pre-sales have surpassed the $4 million mark, making it a strategic time to join before prices increase.
You can take the opportunity to use the 20-hour period to purchase more BTCMTX tokens currently being offered at a price discounted price of $0.0116 each. When the pre-sale enters, the price of stage 8 will increase to $0.0117. The price will continue to increase as the pre-sale progresses towards the higher stages, reaching $0.0119 in the final stage.
The project team has set a hard cap of $15 million, allowing participants to acquire up to 77.5% of the token supply.
Join the BTCMTX Minedrop Airdrop and Bet on Passive Income!
Take advantage of the opportunity to participate and earn passive income! The project is carrying out a Minedrop Airdrop, offering a total prize of $30,000 to improve your participation. This gives you and nine other lucky participants an exciting chance to win a $3,000 reward.
Additionally, you can generate passive income through stake to mine program. By staking your BTCMTX tokens, you can access a substantial APY of 147%. Currently, around 283 million tokens are being staked, resulting in 158.5 blocks being mined per eth.
Experience the world of #BitcoinMinetrixa tokenized cloud mining platform that allows ordinary people to participate in decentralized activities $btc mining.
Say goodbye to worries about third-party cloud mining scams and gain full control over your operations. pic.twitter.com/Oa9A9y74SO
—Bitcoinminetrix (@bitcoinminetrix) November 14, 2023
CryptoNews YouTube channel, with over 5,000 subscribers, has provided a detailed guide on how to buy BTCMTX tokens and invest for lucrative profits in this promising opportunity.
Acquiring BTCMTX tokens is easy for you. Connect your digital wallet to BTCMTX website and buy tokens using eth, USDT, BNB or your bank card.
Related news
- Audited by Coinsult
- Secure and decentralized cloud mining
- Earn free bitcoin daily
- Native Token on Pre-Sale Now – BTCMTX
- Staking Rewards: Over 100% APY
Join our Telegram channel to stay up to date on breaking news coverage
