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Dogecoin, the largest meme coin is demonstrating potential for a notable price spike in the short term. With key indicators and past price trends pointing to an upside momentum, DOGE could be poised for a much larger bull run than the recent rally to the $0.47 level.
A Potential End To Dogecoin’s Recent Correction
Over the past few weeks, Dogecoin has witnessed heightened volatility, leading to a significant drop in price to about $0.26. However, market expert and trader Daan Crypto Trades has predicted a possible turnaround for the dog-themed meme coin, suggesting that the current correction phase may be nearing its end.
Daan Crypto Trades’ prediction aligns with the notion that such lengthy consolidation phases are seen before an upward momentum. Since DOGE has been struggling to surge again, the current correction’s conclusion could mark the beginning of a recovery…more
Source bitcoinist.com
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