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Can Dogeco...
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TronWeekly

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Can Dogecoin Defy the Downtrend? Bullish Pattern Suggests $0.20 Possible

  • Dogecoin has experienced significant price drops in February and March, losing 38.69% and 17.37% respectively.
  • A bullish inverse head and shoulders pattern on the 4-hour chart suggests a potential price increase above $0.1760 and a push towards the resistance level at $0.20.
  • Despite recent weakness, bullish divergence is observed on Dogecoin's 3-month chart, indicating a potential long-term rally.
  • Successful breakout above $0.1760 could lead to a 20.99% gain and a move towards $0.20 mark, which would be a significant psychological win for traders.

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