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Dogecoin Price Eyes 66% Breakout As Red Bubbles Warn Of Price Top

Summary by The Market Periodical
Key Insights: DOGE breaks descending resistance, targeting a 66% move to $0.45. Retail futures activity hits the red zone, signaling a possible local top. Analysts eye $1 long-term, but $0.20 remains a critical support level. Dogecoin price surged past a descending trendline this week, signaling a bullish breakout. Analysts predict a potential 66% rise, aiming for $0.45 based on the Fibonacci extension setup. However, on-chain data shows retail…
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The Market Periodical broke the news in on Saturday, May 17, 2025.
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