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Dogecoin, Binance Coin, Tezos Price Analysis: 27 October
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As the overall cryptocurrency market witnessed a slight plunge in its market cap over the last day, altcoins like Dogecoin, Binance Coin, and Tezos favored the sellers in the near term.
Dogecoin started to display signs of correction after a bullish trajectory while Binance coin and Tezos hinted at a decreasing bullish strength.
TradingView, DOGE/USD
DOGE traversed within a rising wedge over the past two months until it hit its seven-week high on 25 October, hours after Elon tweeted in favor of the altcoin by stating it as the ”people’s crypto”. Over the last day, DOGE witnessed a minor correction and consolidated with the resistance capped at $0.2719 and found strong support at $0.2320.
At press time, DOGE traded at $0.2577 and noted a
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