Coin-Turk 8 minutes ago
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Former Goldman Sachs executive and founder of Real Vision, Raoul Pal, revealed he sees strong bullish signals in Dogecoin 
$0.898301 charts. In a statement made through the social media platform X, Pal noted that the popular meme coin Dogecoin displays a technically positive outlook. He emphasized the recent significant rise of XRP, suggesting that Dogecoin could have similar potential.
Wedge Formation and Bullish Signals in Dogecoin
Raoul Pal stated that Dogecoin has formed a wedge pattern on its monthly chart. This formation indicates that prices are moving within a compressed range, signaling a potential major directional change upon breakout. He stressed that if this technical structure breaks upward, Dogecoin could perform similarly to XRP.
“The Dogecoin chart has similar potential to the previous rise of XRP. When the chart breaks, significant gains in prices can be expected,” Pal conveyed, advising investors to closely monitor this formation. He mentioned that wedge formations are typically indicators of an upward trend and play a crucial role in inves…
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