Dogecoin Price Prediction: DOGE Eyes V-Shaped Rebound As U.S.–China Rhetoric Calms Markets 🐶
Dogecoin's price is currently near $0.211 as it attempts a comeback following a steep decline last week. The token experienced a deep selloff, falling below its 200-day EMA and important trendline support. However, a stabilization in global risk sentiment, aided by U.S. President Trump's positive comments on China, has helped to alleviate some trade war concerns, leading to this partial recovery. Market watchers are observing the possibility of a V-shaped rebound in Dogecoin due to these improved sentiments.
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