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Dogecoin price to rally 20% if DOGE can recover recent losses

From fxstreet.com

Dogecoin price is at a make or break point in its downward cycle as it recently flipped a crucial support level into resistance. If DOGE bulls can quickly recover, investors can expect a run-up. Failing to do so might result in a steeper correction. Dogecoin price dropped below the 79% Fibonacci retracement level at $0.225 after consolidating above it for six days. This down move indicates that the buying pressure is weakening. While things are looking grim for DOGE, a potential spike in buying pressure that pushes DOGE to reconquer the $0.225 barrier will be a display of strength. This move will likely trigger a 20% ... (full story)

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  • Category: Fundamental Analysis