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Dogecoin Approaches Critical Support as Federal Reserve Easing Fails to Lift Risk Appetite - The Cryptocurrency Post
Summary by thecryptocurrencypost.net
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1 Articles
Dogecoin Approaches Critical Support as Federal Reserve Easing Fails to Lift Risk Appetite - The Cryptocurrency Post
Dogecoin is trading close to a technical support area as broader markets show limited response to recent signs of monetary easing from the Federal Reserve. Dogecoin is hovering near what market participants consider a key support level, a price band where buying interest has historically absorbed selling pressure. Support, in technical analysis, is a price zone where demand tends to prevent further declines. Traders will watch whether volume and…
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