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Dogecoin price gains evaporate, putting a bullish DOGE outcome in doubt
Dogecoin price has been unable to overcome the determined resistance outlined by May’s descending trend line and today’s notable reversal of earlier gains suggests that DOGE will once again fail to close above the trend line. Until there is a definitive daily close above the trend line, the meme token will be stranded in a price range reinforced by the 200-day SMA and the head-and-shoulders neckline. Dogecoin price strength is still being questioned without FOMO: At today’s high, Dogecoin price showed a 27% gain after triggering a double bottom pattern, marking the best day for the cryptocurrency since the May ... (full story)