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Bitcoinist

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Pundit Calls For 600% Dogecoin Price Explosion To $1.25 As Bullish Pattern Holds

  • Dogecoin price falls below $0.18, turning bearish in the short term amidst crypto market decline.
  • Despite the decline, Dogecoin bulls remain optimistic about the altcoin's potential to rise above $1.
  • Crypto analyst Javon Marks predicts a potential 260% move for Dogecoin to reach $0.6533 based on bullish patterns.
  • Marks forecasts a post-breakout chop that could drive Dogecoin price to $1.25, a 600% increase from the current level.
  • Dogecoin's metrics show low daily volume and open interest, reflecting negative sentiment and caution among investors.
  • The market sentiment for Dogecoin is currently neutral, requiring a significant move to motivate investor activity.

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