Despite the recent crash in Dogecoin, there is potential for the cryptocurrency to experience significant upside. The meme coin market has seen a decline, with Dogecoin dropping by 16.75%. However, Dogecoin still maintains a market cap of $37 billion and is currently trading at $0.2516. The recent price action has been bearish, but there are signs of support at lower levels. The stochastic indicator suggests a potential bullish comeback, and Fibonacci levels indicate price targets at $0.288 and $0.3565. While the short-term outlook is volatile, historical pullbacks in Dogecoin have been followed by massive bullish rallies, leading to optimism for its future. Trader Tardigrade projects a bullish comeback with potential price targets surpassing $2.



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