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  Cryptocurrency analyst Butterfly on the price of Dogecoin Optimistic outlook , predicting that it may soon experience a sharp rise. Previously, the cryptocurrency market was trying to rebound from the recent downward trend, with Dogecoin price currently well below the psychological mark of $0.2. Analysts claim Dogecoin price is about to skyrocketin one article X posts , Butterfly urged Dogecoin holders to remain vigilant as Dogecoin prices could “pop” from current levels. The most popular meme coin is on the 3-day chart, the analyst noted symmetrical triangle the lower boundary. Butterfly added that this area remains a strong support for price action and bullish pressure is building quickly. Charts provided by analysts show that Dogecoin price may rebound from the $0.165 support level and reach as high as $0.48. It is worth noting that last year Dogecoin price rebounded from a similar range to current price levels and had reached this local high . At the same time, the meme coin is expected to reach this price level by the end of the year or early next year.  This Dogecoin price prediction comes as the cryptocurrency market rebounds from its recent plunge. Previously, the price of Bitcoin once fell below $100,000, dragging down the prices of Dogecoin and other altcoins. As Bitcoin price returns above $100,000, Dogecoin will strive to return The psychological barrier of $0.2 , which may trigger a larger rebound. Cryptocurrency analyst Ali Martinez also noted that the price of Dogecoin has hit a bottom following the recent cryptocurrency market plunge. He is in an article X posts , it was revealed that the TD Sequential indicator has issued a buy signal for Dogecoin, indicating that its price may have bottomed. Dogecoin’s bull run could begin soonCryptocurrency analyst Chandler says a bull run for Dogecoin may be about to begin. He pointed out , the largest bull markets in the past were usually accompanied by an increase in TOTAL3/TOTAL prices. A big drop will follow, followed by beautiful V-shaped rebound , and the price of Dogecoin usually peaks at this time. The analyst later revealed that TOTAL3/TOTAL seems to be resuming its upward trend, which means that this "meme coin" may soon usher in a wave of rising prices. Cryptocurrency analyst Ether also said that despite the recent price correction, Dogecoin’s bull market structure remains intact. He pointed out , every cycle of Dogecoin looks chaotic when viewed up close, but perfectly structured when viewed from a distance. He later asserted that this model still works. It is worth noting that this Analysts had previously predicted Dogecoin price will rise towards the psychological mark of $1, which would set a new all-time high for the currency. According to CoinMarketCap data , as of press time, the price of Dogecoin is approximately $0.16, having fallen in the past 24 hours.  If you have been stumbling around in the currency circle and can't find your direction! In other words, you have been losing money! You can follow me! 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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