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Dogecoin Defends Key Demand Zone; Is A Price Recovery Ahead?

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Summary
Nutrition label

62% Informative

Dogecoin ( DOGE ) is trading at $ 0.154 today, June 23 , with a notable 4.84% gain and more than $1.43 billion in 24-hour trading volumes.

The ongoing DOGE price rally marks an impressive recovery from the two-month low of $ 00.142 yesterday .

The bounce has also seen bulls defend a key demand zone that has held since November 2024 .

30-day MVRV ratio signals that a DogeE price bottom could be in as most recent buyers hold unrealized losses.

If history rhymes and bulls start buying at the current prices, Dogeco price could recover and aim for the 61.8 .

VR Score

41

Informative language

27

Neutral language

40

Article tone

formal

Language

English

Language complexity

32

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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