Dogecoin
DOGE recent price has fallen from a high of 0.43998U to 0.34060U
The decline reached 19.55%!
This situation has caused the market to start worrying about whether its upward momentum has weakened.
However, even though the price has experienced such a pullback, investor interest in Dogecoin remains high.
It is worth mentioning that from a technical analysis perspective, Dogecoin still has potential.
Recently, its price rebounded and formed a typical bull flag pattern. Generally, this technical pattern often indicates that the price is likely to break through new highs and continue to rise.
Combined with the current market trend, this signal suggests that Dogecoin may regain its upward momentum and continue to initiate an upward trend.