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Dogecoin Extends Rally as Whale Accumulation Signals Growing Confidence

May 28

1 min read

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Dogecoin (DOGE) is experiencing bullish momentum amid global economic uncertainties, with a recent surge from $0.218 to $0.230, marking a 6.43% gain. Technical analysis shows a promising "bull flag" pattern and established support at $0.225, with resistance recently breached at $0.230. Analysts suggest that if this momentum continues, DOGE could target as high as $0.65. With strong buying volume and multiple higher lows, market sentiment remains optimistic about DOGE's potential for continued upside. For more insights on Dogecoin's future, explore expert predictions and analyses. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk

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