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Dogecoin (DOGE) Makes U-Turn, Why This Support Might Start Fresh Increase

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Dogecoin declined heavily from the $0.160 resistance against the US Dollar. DOGE could start a fresh increase if it stays above the $0.090 support zone. DOGE topped near the $0.160 zone and started a fresh decline against the US dollar. The price is trading well above the $0.0700 zone and the 100-day simple moving average. There was a break below a key rising channel with support near $0.1180 on the daily chart of the DOGE/USD pair (data source from Kraken). The pair must stay above the $0.090 support zone to avoid more losses. Dogecoin Trims Gains In the past few days, dogecoin saw a strong ...

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