The post Dogecoin Flashes a Massive Bullish Signal: DOGE Price Set to Overcome 20% Weekly Loss and Reach $0.2 appeared first on Coinpedia Fintech News
The markets are undergoing a roller coaster ride as the prices of the tokens undergo an acute deviation. The Dogecoin price had maintained a consolidated trend for more than 20 months before it broke above $0.1 and marked its interim highs above $0.2. Since then, the bearish actions have intensified, due to which the price has been stuck within a narrow range of around $0.15.
The trader’s interest in the token has been fading as the volume remained below a billion throughout its consolidation phase. The recent jump attracted huge liquidity, due to which the volume surged over $2.5 trillion. Unfortunately, the volume dumped again, suggesting a huge shift in the interest of the market participants. Regardless of this, the technicals have flashed massive bullish signals, which suggest a fresh move may be on the horizon.
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