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Dogecoin Short-Term Price Prediction

  • Dogecoin experienced a rally in early May reaching $0.24 but has since declined, dropping below $0.20 and trading at $0.188 on June 5.
  • Coincodex forecasts further downside for Dogecoin, with a minor upside expected on June 6 followed by a steady decline from June 7 to June 9.
  • Short-term model projects potential returns for short positions, estimating ROI of 1.23% by June 7, 2.42% by June 8, and a peak of 2.98% by June 9.
  • Traders are advised to exercise caution as Dogecoin's price remains vulnerable, according to Coincodex's predictions for the upcoming week.

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