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Dogecoin Flashes Sell Signal On Daily Charts, Is $1 Possible Or Is It A Pipe Dream?

  • The price of Dogecoin has failed to live up to expectations with continuous sideways movement.
  • Multiple sell signals have appeared on the daily chart, making the possibility of reaching $1 target difficult.
  • However, the 3-Day LMACD indicates that any potential decline in price may be short-lived.
  • Crypto analyst suggests a 60% chance that Dogecoin may not reach $1 target in the current bull run.

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