The Dogecoin price has been showing signs of a major bull rally, with the $0.22 50-day Moving Average (MA) being a crucial indicator. Historically, Dogecoin has stayed above the 50-day MA during previous bull markets, which is seen as a bullish sign. The current 50-day MA for Dogecoin is at $0.22 but is rising quickly. If Dogecoin can remain above this threshold, its price is expected to continue its bullish trend. Dogecoin has entered the Distribution phase in the Power of Three market cycle, suggesting that large holders may be selling off their assets. However, this phase could be followed by a massive price surge. Trader Tardigrade predicts that Dogecoin's price could reach as high as $9.5 from its current value of $0.4.



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