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Dogecoin (DOGE) has shown remarkable resilience in the recent past, with its price displaying notable strength despite the overall cryptocurrency market facing some challenges. However, analysts warn that this uptrend is vulnerable to a correction, which could potentially have a significant impact on the DOGE’s future trajectory.
Over the course of 2024 and early 2025, Dogecoin has made tremendous progress in terms of its price appreciation. The current rally has been remarkable, with many anticipating a potential ATH at $1. Despite this, there are some warning signs that could potentially jeopardize this upward momentum.
Firstly, the cryptocurrency market is known for its unpredictable nature, and it’s essential to be aware of any potential pitfalls. As we’ve seen in previous instances, such as the crash in 2022, even the most robust uptrends can turn sour.
Source: coinpedia.org
