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Dogecoin Price Warning: Technical Breakdown Points to Further Decline
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Dogecoin Price Warning: Technical Breakdown Points to Further Decline
The latest retracement has pushed DOGE below key moving averages, a sign of persistent weakness across shorter and longer timeframes. Technical analysts warn that this breakdown confirms a shift in market structure that could prolong the current downtrend. Rising Wedge Breakdown Signals Further Weakness On the daily chart, Dogecoin has fallen below the lower boundary of a rising wedge pattern – typically a bearish formation that precedes deeper …
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