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Cryptocurrency News Articles
Dogecoin (DOGE) Price Prediction: DOGE Loses 20%, Struggles to Stay Above $0.30
Dec 23, 2024 at 03:46 pm
Dogecoin is trading in a bearish zone below the 50-day simple moving average. DOGE price could decline further if it remains below $0.3750.
Dogecoin (DOGE) price showed signs of a recovery after a sharp decline. However, Dogecoin might fail to surpass the $0.3750 resistance. In that case, the price could continue to move down.
Immediate support on the downside is near the $0.30 level. The first major support is around the $0.2680 level, below which the price might drop and test $0.250. The next major support sits at the $0.220 level. If the bulls fail to defend the $0.220 support, the price might drop toward $0.200 or even $0.1780 in the medium term.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- DeSci (Decentralized Science): The New Hot Topic in Blockchain and Crypto
- Dec 23, 2024 at 10:35 pm
- The cryptocurrency community may have reached a "calm" state amid an ensuing market downtrend following multiple highs in November and earlier this month, but despite the laid-back atmosphere around the space, a new hot topic is making rounds across the broader blockchain industry: DeSci.
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- Two California Men Charged With Defrauding Investors of More Than $22 Million in Cryptocurrency “Rug Pulls”
- Dec 23, 2024 at 10:35 pm
- A six-count indictment was unsealed on Friday in Los Angeles charging two California men with defrauding investors of more than $22 million in cryptocurrency through a series of digital asset project “rug pulls,” a type of fraud scheme in which the creator of a nonfungible token (NFT) or other digital asset project solicits funds from investors for the project and then abruptly abandons the project and fraudulently retains investors’ funds.