Dogecoin Price Prediction: Will DOGE Bounce Back in 2023?

Dogecoin Price Prediction: Will DOGE Bounce Back in 2023?

1
Dogecoin (DOGE) is currently trading at $0.0746 with an incline of 0.27% in the 24 hours with a market capitalization of 10.481 Billion.
2
The Dogecoin price is observing a decrease of -4.24% in the last 7 days.
Trend Evaluation
By analyzing the price data of the DOGE coin, it is observed that it is in a downtrend currently. The price declined by -4.24% in the last seven days and we can say that Dogecoin not performed well the previous week. 
From its peak price of $0.731578, it fell -89.83% in the last 2 years. As of now, No huge volume is present in Dogecoin. There is bearish dominance in the market. It have a $368,677,017 volume in the last 24 hours, which decreased to -22.30 in the last 24 hours.
Trendline Analysis 
The price has respected its significant trendline support, and is heading for resistance. As soon as the price breaks the trendline,  it will rise to the next resistance and if it gets rejected by the resistance, then it will fall ba

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