The original meme-inspired cryptocurrency, Dogecoin ($DOGE), has shown considerable movement on the charts and has experienced a little price pullback, which now seems to be reversing. Several key market signals and historical trends indicate that this iconic canine-themed crypto asset is positioned for a potential rebound. Let’s take a closer look at what Dogecoin is doing these days and why it has such a steadfast grip on the imagination of many in the cryptocurrency market. A Bullish Signal Emerges The TD Sequential indicator on the hourly chart has issued a buy signal for Dogecoin, suggesting that some upward price movement
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