Analytics

Dogecoin Price Targets $0.15 Breakout As Open Interest Spikes 42% in July

29.07.2024

On Sunday, the Dogecoin price experienced a minor decline, tempering the recovery gains seen earlier in the week. As it consolidates in line with Bitcoin, the leading digital asset, there’s potential to stabilize market sentiment and rejuvenate the waning bullish momentum for a stronger rally. Currently, with Dogecoin down 1.9%, it’s approaching the lower support of a newly forming triangle pattern, indicating a possible opportunity for a breakout rally.

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29.07.2024
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