🔥 DOGE Regaining Strength After Twitter Icon Update

18 באפר׳ 2023

In my last DOGE analysis I talked about the fact that Elon Musk updated the Twitter logo to the Doge icon, which naturally has led to a big move upwards. However, like often has happened, DOGE dumped right after the bullish news. Still, my first target got hit fairly quickly, so congratulations if you took the trade.

Inititally, I thought that DOGE would go down further. But, as seen on the chart, the bottom support held and caused a decent bounce.

Furthermore, Twitter has recently started a partnership with eToro to integrate trading into the platform, which is bullish in itself.

If Elon wishes to pump his Doge bags further he could integrate Doge as a way to pay fees (like BNB for Binance), for example. Decent probability that Doge will be further integrated into Twitter, which would obviously be bullish for the token.

Keep an eye on Doge!