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Dogecoin Down 10% On The Week: Is The Musk-Trump Spat Bearish For DOGE?

Dogecoin DOGE/USD continues to slide, down over 10% on the week, coinciding with escalating tensions between https://www.benzinga.com/markets/market-summary/25/06/45809203/investors-pay-the-price-as-musk-trump-war-of-words-escalates-once-allies-now-foes-their-linked-stocks-crypto-and-funds-wipe-out-155-billion-in-a-single-day.

What Happened: Prominent crypto analyst Kevin noted in an update in his exclusive Patreon group that Dogecoin has now retraced to the 0.382 Fibonacci level after breaking below the critical 0.5 support, a move that aligns with oversold daily indicators.

While DOGE and other altcoins show early signs of attempting to reverse bearish momentum on the 4-hour and daily…

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