Dogecoin Price Bounces Off Key Reversal Zone, Analyst Reveals Where It’s Headed

Quick Summary:

Dogecoin has rebounded strongly after hitting a crucial support level, reinforcing bullish expectations laid out in a recent technical analysis.

The popular meme cryptocurrency, which suffered a sharp decline last week, has defied concerns of an extended decline by bouncing off the $0.16896 reversal zone and now climbing toward higher levels.Now trading at $0.

As predicted, DOGE found stability just before hitting this level and has since trended upward, now in the process of forming a Cup & Handle pattern.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: Meme coin Dogecoin news Dogecoin price Dogeusdt Doge price Doge Cup and Handle Pattern Dogecoin Dogeusd Dogecoin DOGE news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 05:00:12 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 26655737

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

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Year Established: 2014

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News Last Updated: 9 hours ago

Coverage Areas: Hungary

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