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news-imageJanuary 21, 2025

Dogecoin (DOGE) Dips: A Pause Before The Next Meme-Coin Rally?

Dogecoin started a downside correction from the $0.4050 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it clears the $0.3680 resistance.
Publisher: NewsBTC
Sentiment: Neutral
DOGE

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cover-imageThe Currency Analytics
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Dogecoin Bullish Retest Suggests 49% Surge Potential

Dogecoin (DOGE) has recently shown promising technical signs that could pave the way for a significant price increase, with a prominent analyst predicting a potential 49% surge in the cryptocurrency's value. Currently trading at $0.3625, DOGE has experienced a slight decline of 6% in the last 24 hours but has posted a more optimistic 14% increase over the past week.

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Historical Performance Says Dogecoin Price Could Surge To $2.2, Here's How

Unlike other meme coins in the market, the Dogecoin price has demonstrated resilience, making a strong recovery after weeks of price declines and consolidation. Highlighting this strength and history of bullish performances, a crypto analyst has predicted that Doge could resume its upward momentum and potentially drive its price to new all-time highs of $2.2.

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cover-imageNewsBTC
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Will Dogecoin Skyrocket Soon? Chart Pattern Suggests Yes

A key technical development on the Dogecoin (DOGE/USD) chart could hint at a bullish move if current support levels hold, according to crypto market analyst Kevin (@Kev_Capital_TA). After roughly a month in a downward-sloping pattern, DOGE appears to be rebounding off the former resistance line of this channel—an event that often garners attention among traders looking for an upswing.

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