🚀DOGE is on the move again! The meme coin is showing signs of a bullish "golden cross" pattern, a technical indicator that previously signaled an 8,000% price surge in early 2021. 📈

DOGE's 50-week simple moving average (SMA) is trending north and looks set to cross above the 200-day SMA in the coming weeks. This could mean that near-term price momentum may soon outperform long-term momentum, potentially sparking a prolonged bullish trend.

But remember, past data doesn't guarantee future results. Meme coins like DOGE are mainly driven by speculation and can be sensitive to global financial conditions.

In 2021, near-zero interest rates worldwide fueled risk-taking in the financial market. But with current rates in the U.S. at multiyear highs, will DOGE be able to repeat its past performance?

What do you think? Is it late 2020 all over again for Dogecoin? Share your thoughts below! #DOGE #CryptoNews