“Dogecoin 20 Price Prediction: DOGE20 plunges 31%, investors turn to this chain-hopping Dogecoin derivative in pursuit of parabolic gains”

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The price of Dogecoin20 has dropped 31% in the past 24 hours and is currently trading at $0.0001194 at 7:50 AM EST. This is due to the resistance encountered at the all-time high in late April.
Dogecoin20 price signaled a bullish trend reversal as the price showed a bearish trend reversal at the support level of 0.0001148 after declining from a high of 0.0001735. Moreover, it formed a double bottom pattern, suggesting a shift to a more bullish trend.
The support level is likely to support the bulls to push the price higher. The 50 and 21-day simple moving averages are trading below the price. If the buying increases, it may push the price above the averages, confirming a reversal.
Although the relative strength index (RSI) has declined, it is showing signs of rebounding from the oversold level of 30 and is currently at 41. The increased momentum should push the RSI back into the overbought zone above the 50 midline level.
Dogecoin20 price may reverse on double bottom pattern
It looks like the bulls are ready for another move higher. The engulfing green candle sets the stage for a possible reversal, forming a double bottom pattern. This could drive a bullish run towards 0.00020 ATH in the coming weeks.
Conversely, if the bears regain control, the bulls might seek refuge around 0.00008864.
Last Call: Dogeverse Presale Launches Soon: Buy Now!
As Doge20 prepares to rise again, investors can consider diversifying into the presale of the popular DOGEVERSE coin, which has raised over $13 million and is set to launch soon.
DogeVerse is the newest entrant in the dog-themed world and the first cross-chain token in this interesting cryptocurrency space. The token runs on six blockchain networks: Polygon, Ethereum, BNB Chain, Avalanche, Solana, and Layer 2 Base.
Why limit yourself to just one, when you can have them all? $DOGEVERSE runs on the secure Ethereum network first, ensuring safety and reliability.
The platform also offers a staking option on the Ethereum blockchain, meaning investors can earn an annualized rate of return of 77%.
Jacob Bury, a cryptocurrency analyst and YouTuber, predicts that DOGEVERSE will have 10x to 100x growth when it launches.
If you are interested, you can buy DOGEVERSE for $0.000310. Acting fast will allow you to reap huge gains when the token is about to launch.
Purchase DOGEVERSE through the project website.
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