Dogecoin Price Forms Extremely Rare And Bullish High Tight Flag Pattern, What To Expect Next

Quick Summary:

The Dogecoin price, which has been on a consolidation trend since November 12, has given rise to a rare and bullish chart pattern known as the high tight flag.

This pattern, which is like the bull flag, is setting up the Dogecoin price for a significant upward movement.

Following this surge, the price enters a consolidation phase, moving sideways or slightly downward, creating the ‘flag/handle’.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: Dogecoin Doge price Altcoin News Doge Crypto Dogeusdt Dogecoin news Dogecoin price DOGE news Analyst Crypto news Crypto Analyst Dogeusd

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 14:30:36 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 448 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23779954

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