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Dogecoin Price Follows Bitcoin Trajectory: DOGE Can Hit $0.569 If This Happens

  • Dogecoin's price is closely following Bitcoin's trajectory and has broken above the top of an ascending triangle pattern.
  • The breakout signals bullish strength, with a potential price target of $0.569.
  • Dogecoin's price performance is highly correlated with Bitcoin's, with a correlation of 0.96.
  • However, Dogecoin's breakout is dependent on Bitcoin's ability to sustain its upward momentum.

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