The current analysis indicates that Dogecoin is at a critical support level and may experience either a significant rebound or a further breakdown. If DOGE maintains its position above the 200 EMA, a recovery is possible, with potential resistance levels at $0.34 and a return to the $0.36-$0.38 range. However, if Dogecoin drops below the 200 EMA, it could lead to a more thorough correction, potentially bringing the price down to $0.22 or even $0.18. The U.S. Dollar Index (DXY) is currently trading with volatility, which historically has an inverse relationship with Bitcoin. If DXY weakens, Bitcoin may gain momentum and potentially break out toward $100,000, but if DXY recovers and breaks above 109.50, Bitcoin may face short-term pressure and decline. Ethereum is performing worse than other major cryptocurrencies, experiencing a significant decline and struggling to find support. If it continues to drop below $3,000, it may reach $2,300. However, if Ethereum recovers $3,000 and rises above $3,200, a relief rally is possible.



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