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  The price of Dogecoin has been stagnant for a long time and has been slow to meet expectations. Dogecoin enthusiasts have been waiting eagerly for the price of Dogecoin to soar and enter the era after $1. Currently, Dogecoin is priced at $0.19, down 16% in the past 24 hours. Will this November be a turning point for Dogecoin price? Catalyst boosts Dogecoin The entire cryptocurrency market has experienced a minor correction recently. According to the latest report from Toquant, the pullback is smaller and is expected to turn around soon. Once the callback ends, The market will enter a bull market , then altcoins will become the focus of the market. “The pullback won’t last long: The current cryptocurrency market appears to be in the midst of a relatively minor pullback, with altcoins likely to see a strong rally at the end of the cycle, accompanied by a dramatic overheating. ”  That said, Dogecoin could end up benefiting from the impending cryptocurrency price rally that could hit the market at any time. In addition to this, the Federal Open Market Committee (FOMC) meeting scheduled for Wednesday may also play a key role in driving up the overall price of cryptocurrencies, including Dogecoin. Dogecoin short-term goalsAccording to well-known cryptocurrency analyst Ether Nasnoyal, the price of Dogecoin is already brewing a bull run, and its chart shows a mature price structure. “$The third phase of DOGE’s parabolic rise is coming. All major past accumulation cycles for Dogecoin have ended with parabolic gains. We are currently in the third cycle...but we have not yet seen that phase arrive. The structure is maturing ； The silence is deepening. ”  In addition to this, another leading cryptocurrency analyst Ali Martinez also shared that Dogecoin’s current long-term goal is to reach a new high of $0.86.  Statistics for CoinCodex Forecast, DOGE in November The price of the token will reach $0.22.  However, CC data shows that the coin price could reach $0.90 to $1 between 2040 and 2050； Therefore, it could be a profitable cryptocurrency in the long run. However, the cryptocurrency market is highly volatile ； Therefore, caution is advised before making any investment decision.  That’s it for today’s article. We are currently in a bull market and the situation is turbulent. We share passwords every day. If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Welcome to private message me to join us→ → → Scan the QR code to join the community👇No threshold and no fees  If you can’t add it via WeChat above, you can contact the author on the homepage! Penguin (QQ): 3965317191  |
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