As Tesla Phone Talks Show Up on Twitter, Dogecoin (DOGE) Prices Rise

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Twitter could become an all-in-one app with Dogecoin (DOGE) as the default payment method on the rumoured Tesla Smartphone. Elon Musk first imagined this scenario for Twitter 2.0, but it soon became more likely.

Musk and Apple’s divergent points of view sparked a heated debate on Twitter, where everyone was forced to pick a side. “Should Elon Musk produce a Tesla phone?” This question was answered by 67,070 respondents in a World of Statistics poll. 59% voted.

Key DOGE levels to Watch – November 29

Dogecoin sentiment seems bullish due to Elon Musk’s influence. There had been a bullish move from the $0.0715 resistance level.

As Tesla Phone Talks Show Up on Twitter, Dogecoin (DOGE) Prices Rise

The Moving Average period 20 indicates a bullish stance in the market. The market is expected to aim for the $0.1200 resistance level as the level stands as an order block.

On reaching the $0.1200 level, there is the anticipation of a bearish shift. The Relative Strength Index indicates the price is almost in an overbought region, which shows we might be very close to a bearish shift.

Dogecoin Key levels

Resistance levels: $0.1100, $0.1200, $0.1600
Support levels: $0.0715, $0.0557, $0.0500

Total Market Capitalization: $13.34B
DOGE Market Capitalization: $13.34B
DOGE Volume: $1.36B
Market rank: 8

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.