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Dogecoin's Bull Run Faces First Sell Signal Amidst $1 Speculation

Originally Published 1 year ago — by Bitcoinist

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Source: Bitcoinist

Crypto analyst Kevin Capital warns of bearish indicators for Dogecoin, noting a potential sell signal on the weekly chart and decreasing momentum as shown by MACD and Stochastic RSI. Despite these signals, some analysts remain bullish, highlighting recent breakouts and predicting potential price surges to $0.56 and $0.70. Dogecoin is currently consolidating around $0.43, having gained significantly in recent months.