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Crypto analyst Crypto Jack has raised the possibility of the Dogecoin price rallying to new all-time highs (ATHs). He also revealed the next major resistance that the foremost meme coin must break above as it targets a rally to these new highs.
Next Major Resistance As Dogecoin Price Eyes Rally To New ATHs
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In an X post, Crypto Jack revealed $0.5696 as the next major resistance as the Dogecoin price eyes a rally to new highs. He noted that DOGE is trading in an ascending channel with key Fibonacci levels acting as support and resistance. The analyst stated that the support is at $0.1 while the major resistance is at $0.5696.
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