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TronWeekly

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Dogecoin Shows “Diamond Bottom” Formation, Bullish Reversal Likely

  • Dogecoin price rose by 4.57% in 24 hours to $0.172, with a market cap of $25.68 billion.
  • Analysts point to a potential bullish reversal with a Diamond Bottom and Ascending Wedge patterns, targeting $0.275–$1.161.
  • Dogecoin ETF approval odds increased to 63%, while technical indicators show neutral RSI and bearish MACD.
  • Market analysis suggests Dogecoin's price is at a critical juncture, with tightening volatility and key levels to watch for potential breakout or decline.

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