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Dogecoin (DOGE) Price: Key Resistance Levels at $0.18 and $0.21 Could Trigger Next Bull Run
- Dogecoin has surged 7.3% in the past day, trading around $0.17, with whales accumulating over 220 million DOGE in March.
- Major resistance levels at $0.18 and $0.21 could trigger the next bull run if breached, supported by bullish technical indicators.
- Analyst Javon Marks predicts a potential 270% rally for DOGE, aiming for $0.65 in the long term.
- Whale activity and technical patterns indicate growing optimism about Dogecoin's future price trajectory.
- A falling wedge breakout pattern has emerged, signaling a potential price rally ahead.
- Dogecoin's RSI entering oversold territory and bullish crossover point to buyer dominance and upward momentum.
- Key resistance levels at $0.18 and $0.21 highlighted by analyst Ali Martinez as potential catalysts for a significant bull rally.
- Positive order imbalance and Long/Short Ratio favoring long positions suggest strong bullish sentiment among investors.
- Analysts suggest a near-term target of reclaiming $0.18, with further potential to push towards $0.19 based on current momentum.
- Dogecoin could rally over 270% to $0.65 if the bullish pattern continues, with a break above $0.25 opening up higher price targets.
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