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Dogecoin (CRYPTO: DOGE) slipped further south on Sunday amid signals from a leading analyst that the memecoin’s bottom may still be some distance away.
Bottom Yet To Come?
Ali Martinez, a widely followed cryptocurrency researcher and trader, identified $0.058 as a key level at which they’d start accumulating DOGE — more than 37% below the current prices.
Technicals Give Mixed Signals
The Moving Average Convergence Divergence indicator, which compares two exponential moving averages of an asset’s price, typically the 12-period and the 26-period, flashed a “Buy” signal for DOGE, according to TradingView.
In contrast, the Awesome Oscillator, an indicator that compares recent…
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