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Dogecoin Price Suppression: Analyst Reveals Channel That’s Holding Price Back From Reaching $0.3

  • Dogecoin has been experiencing a prolonged downtrend, hovering around $0.18 for the past week.
  • Dogecoin's price is suppressed by a descending channel since December 2024, with resistance at $0.17.
  • Analyst MMBTrader believes Dogecoin may soon break the descending channel, targeting $0.3 and beyond.
  • Currently trading at $0.1852, Dogecoin needs to surpass resistance levels and hold above $0.17 for a potential breakout.

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