Here’s What Happens To The Dogecoin Price After The Consolidation Phase Ends

Dogecoin has spent the past several days locked in a tight decline that has seen it push lower. The meme coin has struggled to break above $0.19, slipping between $0.17 and $0.18 in what could be described as another consolidation phase. This movement follows a series of attempts to recover losses in October, which failed with a rejection at $0.205. The current chart setup has attracted interest among traders who believe a major rally move is close. A technical analysis posted on the social media platform X highlights what could happen once this slow decline period comes to an end....