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Crypto Analyst Warns Dogecoin Price Correction Was A False Breakout, Calls 30% Crash

  • Dogecoin's attempt at recovery has faltered, with a false breakout and a potential 30% price crash on the horizon.
  • A short-lived rally driven by external news, particularly Donald Trump's tariff announcement, has lost momentum.
  • Technical analysis indicates that Dogecoin's rally was a temporary reaction rather than a return of bullish momentum.
  • If Dogecoin fails to reclaim the resistance zone, it could experience a steeper correction phase, potentially losing 30% of its value.

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