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Dogecoin (DOGE) Skyrockets 24.66%! Will It Break $0.15 Resistance?

Susan Sarandon
Susan SarandonOriginal
2024-10-20 03:28:11712browse

There’s growing speculation that Dogecoin (DOGE) might be gearing up to push its price to $0.20. According to insider reports, market rotations

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Dogecoin (DOGE) has seen a remarkable 24.66% increase in the past week, currently trading at around $0.134. A glance at its price also reveals that it has hit the resistance line of its symmetrical triangle pattern.

With a 0.89 price correlation with Bitcoin, the meme coin could yield to the BTC market that is already seeing rally momentum. Moreover, DOGE still trades above its 100-day and 200-day Simple Moving Average (SMA), hence its current bullish sentiment.

If buyers manage to break through the resistance, it could signal the beginning of a new upward trend. On the other hand, with new IntelMarkets (INTL) already attracting Dogecoin (DOGE) investors despite forecasts of a 150% rally within the next 3 months.

NEIRO Potential: 220% Predicted By November

NEIRO has surged approximately 21% over the past week, currently trading at about $0.002. This increase can be attributed to significant interest from large investors, notably GSR Markets, which has acquired a stake of 40.4 million NEIRO.

Within the last month, over 70% of active accounts have been activated and the trading volume is as high as $1.54 billion. Over the past 30 days, NEIRO has experienced 14 days of gains, with analysts projecting it could rise more than 220% by mid-November.

In addition to its accumulation phase, NEIRO was found on derivative trading platforms, making it all so accessible. However, with 83% large holders, investors seemed skeptical of NEIRO making astronomical new highs only to plug unexpectedly.

IntelMarkets (INTL) Invites Investors To The Peak Of DeFi

The new decentralized finance (DeFi) trading platform, IntelMarkets (INTL), offers several features that stand out in today’s crowded marketplace. For seasoned traders and newcomers, the platform’s focus on accessibility and advanced tools sets it apart. Whether you prefer Ethereum’s DeFi integrations or Solana’s speed, IntelMarkets provides the versatility to tailor your trading strategy.

Perpetual futures trading is also available on IntelMarkets, and one can get as high as 1000x leverage. High leverage means significantly higher profits for traders who time the market and manage their risks well. With thousands of asset pairs offered, IntelMarkets allows traders to trade everything from blue-chip cryptocurrencies down to emerging tokens.

The other highlight is the quantum-proof security under the Route X21 initiative: IntelMarkets will be the first DeFi project to take immediate action in response to the threat that quantum computing ultimately creates for blockchains. This can make IntelMarkets a long-term safer platform and thus more reassuring for all its users.

Currently in its third stage, IntelMarkets is attracting both retail and institutional investors, with an entry price of just $0.0274. All these unique features place IntelMarkets in the front line when it comes to satisfying the modern crypto trader.

Join the Movement:

Buy Presale (INTL Tokens)

Visit Intel Markets (INTL)

Join The Intel Community (INTL)

The cryptocurrency market has seen a bullish week with several altcoins posting double-digit gains. Among the top gainers are Dogecoin (DOGE), Neiro (NEIRO), and a new altcoin called IntelMarkets (INTL).

After rallying over 20% last week, Dogecoin (DOGE) is now eyeing the next crucial resistance level at $0.15. If buyers can push the price above this resistance, it could trigger a new leg up in the meme coin’s rally.

Meanwhile, newer altcoins like Neiro (NEIRO) and IntelMarkets (INTL) are also attracting attention from investors. NEIRO has surged over 21% in the past week and is now trading at around $0.002. This increase can be attributed to the interest from large investors, such as GSR Markets, which has acquired a stake of 40.4 million NEIRO.

On the other hand, INTL has surged over 120% since the beginning of the third stage of its presale, currently trading at about $0.0274. The altcoin has also been the subject of discussion among crypto enthusiasts on social media platforms, such as Twitter and Reddit.

As the cryptocurrency market continues to navigate these shifts, many experts believe that INTL and NEIRO could rally well thanks to their utilities and strong investor backing. The question now is, will Dogecoin hit that anticipated $0.20 mark, or will INTL and NEIRO outshine the meme coin?

Let’s take a closer look at each of these cryptocurrencies and see what the future might hold for them.

Dogecoin (DOGE) Skyrockets 2

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