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DOGE Price Analysis: The technical chart shows a double bottom pattern, expected to big pump by 132%! Ignoring the dispute between Trump and Musk?
DOGE recent trend review:
Since June, the DOGE price has been performing flat, reflecting a decrease in investor interest in the cryptocurrency market. Its price has dropped 38% from the highs in May. However, the latest Technical Analysis indicates that despite facing external noise, DOGE may be on the verge of a rebound.
Current market data (as of the time of writing):
Technical Analysis: Key Bullish Signal - "Double Bottom" Pattern Forming!
The Daily Chart of DOGE has shown a strong bullish technical pattern — the Double-Bottom Pattern. This is an important learning point for Crypto Beginners to understand price trend reversals.
(Source: TradingView)
Important Risk Warning (Must Read for Beginners):
Market Highlights: Trump and Musk's Dispute Escalates, but Limited Impact on DOGE?
Recently, the conflict between U.S. President Donald Trump and tech tycoon Elon Musk has escalated again, becoming the focus of Crypto News. This dispute, which had once calmed down, reignited this week due to Musk's criticism of the "Big Beautiful Bill" supported by Trump, (.
Why do analysts believe that this "celebrity feud" is unlikely to affect the price of DOGE?
Summary: DOGE is facing a critical turning point
(Newbie Tip: Cryptocurrency investment carries high risks, and prices are highly volatile. This article's analysis does not constitute investment advice, and you must conduct your own research and understand the associated risks.)