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Dogecoin (DOGE) Price Prediction: DOGE Bulls Regain Control as Analysts Eye 174% Rally Toward $0.65
- After a recent correction, Dogecoin (DOGE) shows signs of bullish momentum, with experts predicting a potential 174% rally towards $0.65.
- The $0.215 level has become a strong support zone for DOGE, leading to cautious optimism among traders.
- Technical analysis suggests a V-shaped reversal with increased volume, indicating renewed interest from investors.
- Analysts foresee DOGE breaking key resistances at $0.2325 and $0.25, paving the way for further gains.
- Long-term expectations remain positive, with a target of $0.65 predicted by analyst Javon Marks, supported by a breakout trendline.
- Before hitting targets like $0.65, DOGE must surpass significant resistance levels around $0.25–$0.26.
- On-chain data reveals growing network activity and user interest in Dogecoin, indicating potential for sustained growth.
- Despite near-term obstacles, the technical setup aligns for a potential bullish breakout if current support levels are maintained.
- Dogecoin's momentum shift in favor of bulls highlights the ongoing battle between buyers and sellers for market dominance.
- Investors are keeping a close watch on DOGE's ability to break through resistance levels and maintain its upward trajectory.
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