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TheNewsCrypto

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Is Dogecoin on the Verge of a Bullish Breakout?

  • Analysts are optimistic about Dogecoin's potential rally, with significant resistance levels to watch.
  • A recent accumulation phase by miners is helping limit sell-side pressure, supporting bullish sentiment for DOGE.
  • Resistance levels are crucial for DOGE's next steps. The primary resistance is $0.14086, last reached on July 21, while the next significant resistance is $0.13449.
  • In summary, while some indicators suggest a potential short-term correction, the overall sentiment remains bullish. If resistance levels can be breached, Dogecoin could be poised for a significant rally shortly.

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