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Dogecoin Price Expected To Reach $3 By EOY As 2021 Cycle Trend Returns

  • Dogecoin has shown a strong performance recently, rallying from a May low of $0.16428 to a high of $0.259 on May 23.
  • Technical analysis suggests Dogecoin could reach $3 by the end of 2025, with the monthly MA50 acting as a crucial support level.
  • Historical data shows that Dogecoin has experienced significant percentage gains in previous cycles after consolidation near the 1M MA50.
  • Current technical indicators like RSI, MACD, and ADX point towards growing bullish strength for Dogecoin, which is currently priced at $0.2279.

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