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DOGE Price Anlysis: DOGE Falls 40% from ATH as Elon Musk Appears On SNL, $1?

From coingape.com

Doge coin has done the impossible this year as prices rose nearly 15,000%. Many meme fanatics anticipated the Saturday Night Live show to push doge to 1$, but the opposite happened. Doge fell hard during the show as it concluded to be a “sell the news” event. During the fall last night, DOGE managed to break its month long trend line. This was the result of an evident rising wedge formation which are mostly bearish patterns. Major support for DOGE lands around $0.561. Since the price of DOGE rose so fast, the next support is near $0.45. cents. This is the area DOGE held after its fall. Major resistance for DOGE is ... (full story)

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  • Category: Technical Analysis