💥 Gate Square Event: #PTB Creative Contest# 💥
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CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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The crypto assets market has once again welcomed pleasant surprises, with DOGE making a strong comeback after months of silence, successfully breaking through the key level of 0.24 dollars. This breakthrough not only shattered the market's pessimistic expectations but also injected new vitality into the future development of DOGE.
From a technical perspective, DOGE's performance is remarkable. The 100-day and 200-day moving averages provide solid support, with the $0.21-$0.22 range becoming a strong price bottom. Bullish capital has entered at key positions, pushing the price to continuously break through short-term moving averages. Notably, the Relative Strength Index (RSI) is close to 59, indicating strong upward momentum, but it has not yet entered the overbought zone, leaving room for further upward potential. The moderate increase in trading volume also reflects that new capital is gradually entering the market.
If DOGE can stabilize above $0.24, the next important target range will be $0.27-$0.28. This area has repeatedly hindered DOGE's rise this summer, and once broken, it will pave the way for a push towards the psychological barrier of $0.30.
Unlike in the past, this time the rise of DOGE is not driven by a short-term speculative frenzy, but is based on a more solid foundation. Technical support, continuous asset accumulation, and a stable group of investors collectively constitute the driving force behind this rise. If this trend can be sustained, DOGE is expected to gradually change the market's perception of it, transforming from a mere "meme coin" into a more reliable mid-sized crypto asset.
As a veteran cryptocurrency born in 2013, DOGE has maintained its position in the fiercely competitive crypto market thanks to its unique community culture and ongoing technological improvements. This recent price breakthrough may signify that DOGE is entering a new stage of development, which is worth close attention from market participants regarding its future trends.