Dogecoin is about to reverse!!!
Dogecoin is brewing a growth signal that is easy to ignore. Despite the overall downward trend of the market, Dogecoin's trading volume has shown a downward pattern, which means that its price trajectory may reverse.
Historically, when trading volume decreases during a price decline, it may indicate that selling pressure is weakening. For Dogecoin, this may mean that sellers in the market are about to run out, setting the stage for a possible price rebound. The interaction of Dogecoin with the 100-day moving average exacerbates this potential shift.
Currently, the price of Dogecoin is hovering around $0.14371.
Dogecoin has shown resilience at this level in the past, rebounding multiple times, which suggests that the $0.14 price point may be a springboard for future gains.
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