Dogs skyrockets despite bearish crypto market

in #bybit3 hours ago

Dogs skyrockets despite bearish crypto market

Dogs price has rallied by 19% in the past 24 hours.

DOGSUSDT.P 4h _2024-08-28_15-44-23_f0cdf.png

Dogs token price has rallied by 19% in the past 24 hours despite the bearish crypto market. The rally is fueled by market speculation of traders and Dogs recent listing on Binance and Bybit exchange.

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Dogs token price appreciation appears to be reacting to the news of the telegram founder Pavel Durov being released from police custody and being taken to court.

Cryptofreesignals X post on dogs.png

According to the Crypto Free Signals X account $dogs token is bullish due to breaking the trendline on the 1 hour timeframe.

DOGSUSDT.P 4h _2024-08-28_15-44-23_f0cdf.png

Price of dogs token on the 4 hour timeframe despite not having much data to trade it using the ichimoku cloud is kind of bullish, the lagging span has not crossed the price to the downside and is therefore bullish.

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On the 1 day timeframe the lagging span has not crossed the price to the upside and the price has three bullish candles.

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