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Dogecoin's 28.5% price surge sparks excitement as DTX Exchange raises $7 million in pre-sale, positioning itself for a parabolic move as traders eye a bullish rally.
Over the past seven days, the price of Dogecoin has increased by 28.5%, with volume increasing by over 100% on November 5 and 6 compared to average volume. DOGE has faced resistance at the March high, which is the main resistance for now.
Meanwhile, DTX Exchange has achieved another feat by raising $7 million in the fourth phase of pre-sale. This goal was to be completed by the end of the month, but due to high demand, DTX Exchange achieved it ahead of time. DOGE traders are buying DTX and Near Protocol before the bullish rally begins in full swing.
Dogecoin Price Forms Within the Day Candle, Is a Price Rally Coming?
After a 15% retracement from the recent high of $0.219, Dogecoin price has formed two consecutive intraday candles. This pullback came after a nearly 50% rally from the 20-period moving average bounce. Still, DOGE is trading below the 52-week high of $0.229, and this breakout in Dogecoin will be a multi-year breakout.
Since October, Dogecoin has traded three times above the RSI overbought zone, clearly demonstrating its strength. Furthermore, the volume expansion of the past few days, which broke previous records, indicates bullish control of the DOGE price. The temporary high is still far away, but if the bulls continue the rally, Dogecoin could reach it soon.
Near Protocol partners with Modern Lion and Hyundai Card
Modern Lion and Hyundai Card have partnered with Near Protocol, a global Layer 1 blockchain platform, to bring web3 integration to concert culture. This partnership will help Modern Lion expand its nft-based ticketing solution in Close to protocolimproving security and transparency in the ticketing process.
Illia Polosukhin, CEO of NEAR Protocol Foundation, said: “Korea is a hub for real-world blockchain adoption and we are excited to have NEAR Protocol work with Hyundai Card and Modern Lion to deliver scalable infrastructure and easy-to-use experiences. . “
DTX Exchange Set for Parabolic Move After Pre-Sale Ends
While the price of Dogecoin is continuously growing, analysts are more optimistic about the DTX exchange. Analysts are leaning towards the DTX Exchange because it has also shown great momentum in the correction period. Since the first stage, the DTX token rose from $0.02 to $0.08, which increased by 300% since launch in a short period.
The security aspect of DTX Exchange has also attracted investors. SolidProof, the leading blockchain security company, has audited the smart contract and verified the security of the token. Its advanced blockchain technology also guarantees user security against hacking and theft.
DTX Exchange is changing decentralized finance, especially in the trading sector. The DTX platform offers multi-asset trading and 1000x leverage, both of which are being offered to users for the first time. Additionally, the high-tech trading arena includes various artificial intelligence tools and risk management tools that help traders mitigate risks.
DTX Exchange offers a promising opportunity for investors looking to earn strong returns in a difficult market. With the pre-sale price set at $0.08 and the trading price at $0.2, current investors can expect substantial profits.
For more information, visit the DTX Exchange Pre-Sale Website and join the online community.
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