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DOGE Price Analysis: Wedge Pattern Retest Phase Warns $0.08 Fallout

From coingape.com

A bearish fallout from a yearly falling wedge pattern suggested the Dogecoin(DOGE) price witnessed a significant freefall. However, the lower price rejection at the retest phase puts a possibility on the cards and traps the aggressive sellers. Key points: The DOGE price broke under $0.10 after a 28.5% fall last week. The 24-hour trading volume in the Dogecoin coin is $1.56 Billion, indicating a 337% gain. The Dogecoin(DOGE) price fell sharply after the 2021 bull run resulting in the formation of a falling wedge. The downfall within the bearish pattern devalues market value by 88%. The selling pressure has grown ... (full story)

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  • Category: Technical Analysis