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Dogecoin Price Has One Last Chance to Repeat History

Dogecoin Price Has One Last Chance to Repeat History
Dogecoin (DOGE) has less than four days to make history in 2024. The cryptocurrency has historically seen a monthly growth average of 22.2% in December, but this year it is down by 23%. To align with its historical growth figures, DOGE needs to experience a massive rally of about 50%. Analysts believe there is a possibility of a last-minute surprise as DOGE registered growth of 161.5% in November. However, a 50% rally remains a challenge, and investors' confidence has been dampened by price fluctuations. Nonetheless, DOGE has rebounded from its previous low and is currently trading at $0.3202. To revive optimism, it needs to breach the 50 EMA at $0.36. December has historically been a notable month for DOGE, and there is hope it could attain its average growth rate.

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