Musk Remains Committed to the DOGE Community

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Despite the recent uproar over Twitter’s restructuring and the Twitter Files revelations, Elon Musk made time to address an important problem confronting the DOGE community. Over the weekend, over a dozen Dogecoin Twitter accounts were shut down, according to Billy Markus, the developer of Dogecoin.

Elon Musk, the CEO of Twitter, responded as one of five advisers on the Dogecoin Foundation’s advisory board, together with Markus and Vitalik Buterin. Musk said that his Twitter crew had been overly harsh in suspending spam bot accounts. “The team was a little too strict with spam and bot suspensions.” “I’m going to chill,” Musk said. Markus, the founder of Dogecoin, later confirmed that the accounts had been reactivated.

Key Dogecoin Levels to Watch – December 5

Since November 22, the market has been moving upward. However, ever since the fair value gap (FVG) was closed, the price’s bullish momentum started to wane.

The most recent news has a favourable impact and is anticipated to lead to price bullishness. However, before a bullish move occurs, it is anticipated that the price will make a small correction.

According to the Relative Strength Index, the price is currently in the overbought region. The bullish rise is anticipated to be held back by the $0.0900 resistance level.

DOGE Key Levels

Resistance levels – $0.1200, $0.1500, $0.1700
Support levels – $0.0500, $0.0700, $0.0900

Total Market Capitalization: $849.6B
DOGE Market Capitalization: $13.65B
DOGE Volume: $1.00B
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.