Dogecoin hits 4-month lows vs. Bitcoin — 50% DOGE price rebound now in play

) on March 10, a day after the DOGE/BTC pair fell to its lowest level since October 2022. Can DOGE price see an extended rebound ahead?pair reached 331 sats, up 4.75% compared to the previous day's low of 316 sats. The bounce occurred around a multi-month descending trendline, which has capped the pair's downside moves since November 2022.Interestingly, the DOGE/BTC descending trendline appears part of a prevailing falling wedge pattern.

In the event of a breakout, DOGE/BTC can rise toward 500 sats by April, up 50% from current price levels. The upside target is measured after adding the maximum distance between the falling wedge's upper and lower trendline to the breakout point. A decisive drop below the falling wedge's lower trendline, however, risks invalidating the whole upside setup. Instead, DOGE can drop toward 280 sats, a historical support level down, around 13% from current price levelsin March 2022, wherein the DOGE/USD pair broke below the lower trendline — 50% losses followed.Dogecoin could still fall in the U.S.

Nobody cares about $DOGE, it does nothing for the future of decentralization.

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Dogecoin pared some losses versus Bitcoin on March 10, a day after the DOGE/BTC pair fell to its lowest level since October 2022. Can the $DOGE price see an extended rebound ahead?

The rate of cryptocurrency should grow from the development of the ecosystem of its parent company, but not from the tweets of one famous lover of fluffy dogs.

Still BTC is more valuable, pack only BTC to my Ownr wallet

lol

Wow 50% ? How can?

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