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DOGE price might hit $1 in April if this prediction comes true

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Dogecoin [DOGE], the largest meme coin, did perform well in terms of its price action over the last few days.

, the largest meme coin, performed well in terms of its price action over the last few days. As a result, investors’ expectations around the coin also witnessed a rise.Dogecoin’s value moved in double digits in the last seven days, when the token’s value shot up by more than 20%, according toAt press time, DOGE was trading at $0.1706 with a market capitalization of over $24.4 billion.

Additionally, DOGE’s trading volume dropped, indicating that investors were less interested in trading the token at the time of the report.Nonetheless, things on the derivatives front remained optimistic. Buying pressure was dominant in the market as DOGE’s Binance Funding Rate was green at press time.

To see what to expect from Dogecoin in the short term, AMBCrypto checked the meme coin’s daily chart. As per our analysis, the MACD displayed a clear bullish advantage in the market.

 

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