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Dogecoin Hits Weekly Support Trendline, Analyst Signals Cycle Bottom Is In
- Dogecoin recently rebounded from a multi-month low after the market faced a downturn.
- Technical analysis suggests that Dogecoin may have established its cycle bottom and could see a price surge.
- Dogecoin experienced a sharp decline of nearly 40% before finding support around $0.22.
- Analysts predict a potential price target of $2 for Dogecoin.
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