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Dogecoin Price Prediction: Is DOGE Ready for a Rebound or More Decline?

  • Dogecoin (DOGE) has been on a downward trajectory after reaching a significant high, currently hovering around $0.2025.
  • The Relative Strength Index (RSI) indicates oversold conditions, suggesting a potential rebound.
  • Key support levels are $0.2000 and $0.1800, while resistance levels are $0.2500 and $0.3000.
  • Two scenarios could unfold: a bullish bounce towards $0.2500 and $0.3000 or a bearish decline to $0.1800 or $0.1500.

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