Affected by the overall market decline, Dogecoin (DOGE) dropped over 3%, to $0.1437, a decline greater than that of major cryptocurrencies like Ethereum and Solana. The decline coincided with delays in the legislative process for the US cryptocurrency market structure. Despite the price retracement, analyst Ali Martinez identified a bullish inverse head and shoulders pattern on Dogecoin's daily chart. After breaking above $0.152, the price could rise by 30% to $0.186. Technical indicators show mixed signals; the MACD indicates a "buy" signal, while the Bull-Bear Power and RSI indicators remain neutral.

DOGE-2,54%
ETH-1,71%
SOL-1,73%
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