Prices of the Ministry of Governmental efficiency, bought this bulls

The price of government efficiency has increased by 36 % in the past 24 hours for trading at $ 0.06442, starting from 04:21 am US EST on the trading volume, which rose 233 % to $ 17.7 million.

The increase in the price of Dog was very preferred by the speculation that surrounded the potential appearance of Elon Musk in Super Bowl Lix commercials.

The rumors were that Musk was planning to spend $ 40 million on ads that deal with inefficiency in government spending and encouraging its projects such as Tesla, X, Dogcoin and Spacex.

However, the ads did not appear, which left the encryption community with disappointment.

Hey Elonmusk Where is the significance #Doge Commercial ads #Superboowl

I am not watching this # The game is for nothing like pic.twitter.com/eimkepjtmw

Do not think of a group – critical thinking/ the rule of law (@HERE2Seejustice) February 10, 2025

The prices of the Ministry of Governmental efficiency aim to recover

the Dog’s price It was in a The demolished trend for a long timeAs we have seen from the sharp decline since mid -December 2024. Make the price continuously less and low reduced, confirming the declining direction.

However, the main artistic pattern now appears – the formation of the falling sorry, which is usually a upscale reflection pattern.

Government efficiency price procedures in the Ministry of Spinquet have been put pressure, as the lower trend line works as strong support and the upper trend line as a resistance.

After weeks of monotheism, Dog is now separated from this pattern with an upward movement, indicating a possible reflection of the trend or at least a relief gathering.

Despite this penetration, the price of the Ministry of Government efficiency is still much lower than the SMA 200 (SMA) on the graph for 4 hours at 0.10944 dollars, indicating that the total long -term trend is still a decline, according to the data from Geckoterminal.

However, in the short term, the momentum appears to be transformed.

The price of SMA is 50 periods of $ 0.04783, and the price of Dog is now moved above this level, indicating improving the momentum in the short term.

The RSI index (RSI) is 63.04, indicating that the original is gaining power but has not yet been done in the territory of the purchase (above 70).

Meanwhile, the MACD (blue) moving rapprochement line is higher than the (orange) signal line, which is an upward alignment. The graph also shows an increase in positive momentum, confirming the recent upward price movement.

Dog to maintain its primary momentum

If the price of DOGE maintains its penetration momentum, then the first resistance level to watch is about $ 0.07, which is a psychological level and the previous price support. If the government efficiency price successfully turns this sign to support, the next main goal will be SMA 200 periods at $ 0.10944.

The strong step above this level would indicate a long -term reflection, which may push Dog about $ 0.15 or higher in the coming weeks.

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You can buy memex tokens on the official website for only $ 0.0160352.

Buy Memex codes here before raising prices in 20 hours to secure the best deal.

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