The price of Dogecoin (DOGE) is expected to pump 10x in the next 2-3 weeks; Is Dogecoin ready To The Moon? Let us know your thoughts.

Due to the formation of the "golden cross" technical pattern, DOGE (DOGE) is about to experience a potential major bullish breakthrough. DOGE's potential boost also comes from Ferrari accepting Cryptocurrency payments, including DOGE, in Europe, which could drive demand and increase its value. DOGE will pump 18000%, how is this achieved?
DOGE may see this pattern in the next 2-3 weeks, marking the first golden cross for this cryptocurrency in three years. The last time DOGE experienced a golden cross was in early 2021 when the price of DOGE skyrocketed by 18,000%, from $0.003 to $0.75. If history repeats itself, DOGE may experience a similar sharp rise, potentially reaching $23.40 per coin, with a market cap exceeding $3.48 trillion. While past performance does not guarantee future results, the possibility of another golden cross has the DOGE community excited.
Understanding golden cross
When the short-term MA (50-week SMA) crosses the long-term MA (200-week SMA), a golden cross occurs, indicating a potential bullish trend. For DOGE, based on past performance and momentum trading strategies, the upcoming golden cross (the first time in three years) may herald the beginning of a significant pump in price.
Some people may say that the Cryptocurrency market is becoming more mature, and the current Market Cap of DOGE is limited, so a significant rise is unlikely to occur. However, at present, momentum indicators such as the Relative Vigor Index (RVGI) indicate that the market has turned bullish from bearish, indicating increasing buying pressure.
Current market performance
Recent data shows that DOGE has performed well, pumping 7.1% in the past week. However, the large volume has decreased by 42.5%, daily active addresses have decreased by 7.5%, and net flow of exchanges has decreased by 115.5%. In addition, in the past 24 hours, DOGE positions were liquidated for a total of $3.14 million.
Due to the selling pressure in the Cryptocurrency market, the trading price of DOGE is $0.144, a decrease of 4.68% in the past 24 hours. The relative strength index (RSI) is currently at 49, indicating a neutral market sentiment, providing a balanced view for both buyers and sellers.
With the close follow of the market, the potential golden cross may indicate that DOGE will pump significantly, but investors should also consider the broader market conditions and sentiment.
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