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Dogecoin (DOGE) Price Prediction for December 29

Author: Content Editor
The article discusses the recent price decline of Dogecoin (DOGE) and how it is showing signs of reversing. The consolidation of DOGE, continuous accumulation by whales, and a shift in market sentiment are seen as potential drivers for upside momentum. Technical analysis suggests that if DOGE breaches a descending triangle pattern and closes above $0.327, it could surge by 11% to reach $0.36 in the short term. On the daily timeframe, DOGE is consolidating below the crucial support level of $0.36, but if it breaks out and closes above this level, it could surge by 30% to reach $0.465. Whales have shown strong interest in DOGE, with over 90 million DOGE tokens purchased in the past 48 hours. Currently, DOGE is trading near $0.32, experiencing a price rally of over 2.45% in the past 24 hours, but with reduced trading volume due to market uncertainty.

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