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Bitcoinist

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Is Dogecoin Finally Ready For A Bounce? Second Support Retest Raises Bullish Hopes

  • Dogecoin has regained upside traction, pushing its price to the $0.17 resistance level, with crypto analysts foreseeing continued strength.
  • After retesting a critical support level, Dogecoin may be on the verge of a short-term turnaround, as indicated by bullish technical signals.
  • Trader Tardigrade highlights a potential rally for DOGE based on the repeated bounce off a critical support level, signaling robust stability and resilience.
  • Key chart formations suggest an impending rebound for Dogecoin, with an ascending channel pattern indicating a possible breakout to the upside.

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