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Dogecoin Price Analysis: Why A Red Close Below $0.465 This Week Is A Good Thing For Price

  • Dogecoin is currently consolidating above $0.4, down 14% from its recent high.
  • Crypto analyst Master Kenobi believes that a red close below $0.465 this week is positive for Dogecoin's price.
  • The consolidation phase resembles Dogecoin's behavior in late 2020 before the dramatic rally in 2021.
  • If Dogecoin follows the same pattern, it may experience another surge in price next year.

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