Dogecoin Price Breakout To $0.5 Confirmed If It Breaks This Channel Resistance
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Dogecoin Price Breakout To $0.5 Confirmed If It Breaks This Channel Resistance
Despite its current trading range between $0.22 and $0.23 in the past 48 hours, Dogecoin is still on a noticeable recovery from its April low near $0.13 on a larger time frame. Interestingly, technical analysis of a larger timeframe, particularly the 1-day candlestick chart, shows that the steady climb has positioned Dogecoin at the upper boundary of a descending channel that has defined its price action since December 2024. Price movement with…
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