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Tony M. Tony M.
FXStreet

Dogecoin price accomplishes a jaw-dropping rally to end the month of October. Now the only question is, where will the downtrend end?
Dogecoin price stunned the crypto arena as a surging rally continues to make gains. Currently, the notorious meme coin has increased by 50% in just a week, blowing past the October and September highs. 
Dogecoin price currently auctions at $0.084. A massive influx in volume accompanies the recent uptrend move, while the Relative Strength Index is now in extremely oversold territory daily.
tm/doge.10.28/22
Investors looking to join the trend should apply caution as the mid $0.08 has been known to reject the Dogecoin price in the past. ? for an additional rally and retesting the level before entering could be a safer bet. The next bullish targets lie at $0.10.
Invalidation of the bullish scenario remains below Wednesday's opening price of $0.0640. If the invalidation level is tagged, an additional decline targeting the October lows at $0.055 could occur. Such a move would result in a 35% decline from the current market value
 

 

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XRP price shows a constant influx of buying pressure, which has produced higher lows since the November 9 crash. The overhead barrier, however, is stubborn and continues to absorb this buying pressure from Ripple bulls.
Tron price has witnessed a severe decline throughout November. As a consolidation ensues, the technicals suggest one more low is on the cards that could wipe out early bulls. Key levels have been defined to gauge TRX’s next move.
AAVE price noted a minor fluctuation over the last 24 hours following a hacker's attempt to exploit the platform. However, broader market developments turned the tables around, resulting in the exploiter failing in his attempt.
Avalanche price witnessed a devastating plummet in November. On November 21, the bears forged new monthly lows bringing the market losses to 44%. Several signals suggest the market bottom.
BTC has faced the brunt of many industry leaders or significant platforms going bust this year. From Terra’s implosion to FTX’s bankruptcy, the industry seems shaken from a psychological perspective. As investors, an unbiased look reveals that the macro bottom is just one 20% crash away. This forecast takes a fresh look at significant levels and anticipates other scenarios that may evolve for Bitcoin price.
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