Dogecoin
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10.12.2024 - Doge

1212
Comparison of the current situation on Doge to what Doge did during the previous bull market.
The current possible scenario is a drop to around 32-34 cents. Then, a strong rally to around 52-53 cents (the 68.8 Fibonacci level of the global swing from the peak of the previous bull market to the bottom), followed by another significant drop to around 25 cents
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After the price drop (currently to 35 cents), we could still drop to 32 cents. After that, we might experience a bull run to 52-53 cents, but it is even more likely that we will reach the 78.6 Fibonacci level, from where I expect a correction of 50-60% — to 28-30 cents, or even down to around 25 cents, where we have a price gap.

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