🚨 The price of Dogecoin has recovered and surpassed $0.17 after a bullish wave overnight, 💥💥🚀💥✅
As global sentiment has strengthened the market. This recovery came at a time when China showed signs of readiness to return to the negotiating table with the United States regarding trade, favoring risky global assets like cryptocurrencies.✅$DOGE 👉💥✅
Dogecoin surpassed $0.17 amid trade optimism
After a recovery of 11.96%, the price of Dogecoin bounced back to the $0.19 range. This comes after China announced that it would begin negotiating new trade terms with the United States during the international economic forum in Switzerland at the end of this week.✅👈$DOGE 💥✅
The meme coin benefited from positive market momentum, as investors believe that the trade dispute between the United States and China will ease. Cryptocurrencies like Dogecoin have shown growth potential due to market positivity, preventing the meme coin from reaching significant resistance levels over the past few months.👈$BTC 💥✅
Additionally, the four-hour price analysis of Dogecoin indicates the formation of a rising wedge pattern over the past fourteen days. The meme coin is testing the resistance line from within a descending pattern characterized by moving highs and lows.
A successful breakout of this pattern will signal the beginning of Dogecoin's journey towards reaching $0.20.
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