CandleFocus Dogecoin (DOGE) Holders Could Wait Longer for 36% Increase
2024-09-17
Author: Content Editor
The leading meme coin Dogecoin (DOGE) has been trading within a narrow range since August 4. Despite indicators suggesting increased buying activity and a bullish trend, DOGE has only broken above its resistance twice and is currently trending towards the lower boundary of its channel. There is a risk of further price declines if the lower boundary is broken, potentially reaching a low of $0.08. However, if DOGE experiences a rebound, its price may rally by 36% towards resistance at $0.13.
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