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Dogecoin Price Rocked By Market Collapse, Analyst Reveals When To Buy

  • Dogecoin price has dropped over 5% to below $0.16 amid market collapse.
  • Investor panic has led to increased sell-offs in the market.
  • A crypto analyst suggests waiting for Dogecoin to approach $0.13 level before buying.
  • Analyst predicts a potential 10% further decline in Dogecoin price.
  • Buy zone identified at around $0.13 with strong support and potential for a significant bounce.
  • Analyst anticipates Dogecoin price to potentially double from the buy zone to reach $0.25.
  • Declining trading volume on Coinglass platform supports the expectation of further decline in Dogecoin price.
  • June saw DOGE daily trading volume drop from $5.1 billion highs to below $3 billion on average.
  • Potential for trading volume to fall below $2 billion by end of the month, pushing DOGE towards $0.13.

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