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Dogecoin Price Analysis: DOGE/BTC Gaining Momentum as It Makes a Double Bottom

From beincrypto.com

On June 25, 2019, the Dogecoin price reached a low of 25 satoshis. An upward move ensued. On July 5, it reached a high of 25 satoshis. It has been decreasing since. On August 8, the DOGE price again reached a low of 25 satoshis — creating a double bottom pattern. At the time of writing, it was trading at 26 satoshis. Will the DOGE price begin another move or are there further decreases in store? Continue reading if you are interested in finding out. A look at the weekly time-frame shows that DOGE has reached a significant support area. The significance of this area is reiterated by the long lower wick of the price ... (full story)

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  • Category: Technical Analysis