DOGE Price Analysis: Dogecoin Price Rises by 30% As B Word Conference Unfolds, What's Next?

• DOGE price rises nearly 30% on the B Word Conference day
• DOGE Price has broken free of 80 day descending channel
• 50 MA is acting as support

DOGE Price Today- The B Word Conference

DOGE has finally shown signs of strength for the first time in nearly a month mostly due to Elon’s remarks at B Word Conference. Along with the majority of the cryptocurrency market, DOGE has been stuck in a strong downtrend the last 30 days. BTC sweeping below 30K allowed for the crypto market to have a strong bounce off lows. Elon Musk also was featured on a Bitcoin livestream today which he spoke generally positive. Signs show DOGE may be finally starting an uptrend.