Dogecoin No Longer Overbought Amid Pullback Below $0.4, Here’s What To Expect Next | Bitcoin

Earlier in November, Dogecoin experienced a rapid ascent to new price highs, driving its Relative Strength Index (RSI) into the overbought zone. However, a crypto analyst revealed that the popular meme coin has officially exited this overbought range following its recent pullback below $0.4. This new shift could signal the potential for another significant surge in the Dogecoin price. 

Dogecoin Exits Overbought Zone, Makes Way To $0.54

According to Trader Tardigrade, a crypto analyst on X (formerly Twitter), the Dogecoin price has officially exited its overbought zone, indicating the potential for an uptrend. The analyst has predicted that DOGE could rise from its current price of $0.41 to $0.54. 

In the previous month, Dogecoin rose sharply to $0.48, driven by the positive shift in market sentiment following Donald Trump’s victory in the 2024 United States (US)…more

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