Dogecoin Price Drops 15% But Shows Signs of Bottoming Out for Potential Rebound
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Dogecoin price dropped nearly 15% after the crypto market decline on Friday.
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DOGE could recover 15% if Bitcoin price rebounds and shows strength again.
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DOGE is still above a key support level shown by an ascending trendline.
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The hammer candlestick suggests DOGE may be bottoming out and due for a rebound.
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Holding above the 45 level on the RSI indicator also signals potential for a DOGE price recovery.