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Dogecoin20 Price Prediction: DOGE20 Plunges 31% As Investors Pivot To This Chain-Hopping Dogecoin Derivative For Parabolic Gains

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Dogecoin20 Price
Dogecoin20 Price

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The Dogecoin20 price has plunged 31% in the last 24 hours to trade at $0.0001194 as of 7:50 a.m. EST after facing resistance from its all-time high towards the end of April.

Dogecoin20 Price Signals A Bullish Trend Reversal 

The Dogecoin20 price shows a bullish trend reversal at the $0.0001148 support level, following a downtrend from its peak at $0.0001735. Additionally, it has formed a double-bottom pattern, hinting at a shift toward a more optimistic trend. 

Dogecoin20 Price

DOGE20USDT Analysis. Source:

The support level might empower the bulls to push the price higher. The 50 and 21 simple moving averages (SMA) are trading below the price. If the buying pressure increases it could push the price above the averages, confirming the reversal.

Although the Relative Strength Index (RSI) dipped, it shows signs of bouncing back from the oversold level of 30, currently at 41. Increased momentum should see the RSI climb back into the overbought zone past the 50 midline level.

Dogecoin20 Price May Reverse On The Double Bottom Pattern

The bulls seem ready for another upward surge. The engulfing green candle sets up the possible turnaround, forming a double-bottom pattern. This could fuel a bullish rally, potentially pushing the price to $0.00020 ATH in the weeks ahead.

In the converse case, if the bears regain control, the bulls may seek refuge at around $0.00008864.

Final Call: Dogeverse Presale To Launch Soon: Buy Now!

As Doge20 prepares to surge again, investors may consider diversifying to the DOGEVERSE meme coin presale, which has already raised over $13 million and is ready to launch soon.

Dogeverse is the newest entrant in the dog-themed world and the first cross-chain token in this fun-filled crypto landscape. This token operates across six blockchain networks: Polygon, Ethereum, BNB Chain, Avalanche, Solana, and Layer 2 Base.

The platform also offers a staking option on the Ethereum blockchain, meaning that investors can enjoy a reward of 77% APY.

Jacob Bury, a crypto analyst and Youtuber projects a 10X to 100X surge in DOGEVERSE upon its launch.

If you are interested, you can buy DOGEVERSE at $0.000310. Acting fast will allow you to earn massively when the token launches soon.

Buy DOGEVERSE through the project’s website here

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