Dogecoin (DOGE) has recently fallen to $0.1833, but has made a rapid recovery from this level and is trading at $0.1929. In particular, the formation of technical indicators such as the “cup and handle” formation in the short term is noteworthy. If the price can break $0.1955, the target of a rebound momentum could be $0.21. However, the rise in RSI and the decline in volume could signal a sudden correction in price movements. Technically, support zones are located at $0.17 and $0.15, and traders should carefully observe these areas.
Fundamental developments for Dogecoin are affected by social factors such as phone number list Elon Musk's statements about using DOGE in Tesla and SpaceX projects. However, the intra-network whale activity and the decrease in the total number of addresses indicate a decrease in short-term interest in DOGE. However, with social media and community influence, you can witness rapid changes in DOGE's price movements.
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