Key Level to Determine the Potential 24% Rise or 10% Fall of Dogecoin Price

Dogecoin’s price has been fluctuating over the past month but breached a resistance trendline on April 3, indicating a potential trend reversal. While the cryptocurrency has experienced a 16.7% loss since last week’s high due to the recent sell-off in the crypto market, it found support at a trendline and could potentially reach $0.1 if it breaks out above $0.084. However, a breakdown below the trendline could lead to a longer correction. Technical indicators suggest aggressive selling pressure in the market and multiple resistance points for buyers. The 24-hour trading volume for Dogecoin is around $1.16 billion, indicating a 46% gain. Investors should do their market research before investing in cryptocurrencies. The author or publication of the content does not hold responsibility for personal financial loss.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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