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2024-11-07 13:36:35
in reply to

cointelegraph.com11 on Nostr: Dogecoin's price has dropped by 14% from its local high, with traders taking profits ...


Dogecoin's price has dropped by 14% from its local high, with traders taking profits following Donald Trump's win. The top memecoin's correction is attributed to its daily relative strength (RSI) reading crossing above 70, indicating an 'overbought' area. The RSI crossing into this territory suggests that DOGE has been experiencing strong bullish momentum, potentially leading to a short-term price pullback.

#DonaldTrump #ElonMusk #neutral #technology

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