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Bitcoinist
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Dogecoin Price Rebound To $14: Why A Rally Hinges On This Support Level
- Dogecoin's ability to rally hinges on holding above a support level of $0.16.
- Technical analysis suggests Dogecoin is in an eight-year uptrend channel with a crucial support trendline.
- A bounce from $0.16 support could trigger a surge towards $14, marking new all-time highs.
- Failing to hold the support level could lead to deeper losses and prolonged consolidation for Dogecoin.
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