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TheNewsCrypto

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Dogecoin Eyes $0.35 After Forming Strong Support and Bullish Momentum

  • Dogecoin is consolidating near $0.22, with technical patterns signaling a breakout above $0.26.
  • Technical patterns suggest a potential breakout towards $0.35-$0.45, indicating potential gains of over 50% from current levels.
  • On-chain metrics show rising transaction volume and wallet activity, supporting bullish momentum.
  • Despite facing resistance at $0.25-$0.26, analysts are optimistic about Dogecoin's potential, with price targets projected to reach $0.65 and beyond.

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