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John Bollinger: Dogecoin Price May See A Correction Of 50%

Mary Liu

Summary: John Bollinger, the inventor of the Bollinger Bands BOLL and a well-known securities analyst, tweeted that the rise of Dogecoin has shown an important "top signal"。 From the perspective of indicator trend, there are a pair of reversals at the upper of the Bollinger Bands, and the bandwidth index is falling, so Bollinger predicted Dogecoin's April rally ...

John Bollinger, the inventor of the Bollinger Bands BOLL and a well-known securities analyst, tweeted that the rise of Dogecoin has shown an important "top signal"。

From the perspective of indicator trend, there are a pair of reversals at the upper of the Bollinger Bands, and the bandwidth index is falling, so Bollinger predicted Dogecoin's April rally may at least have a 50% retrace.

However, the premise of correct prediction is Elon Musk does not tweet suggestively, Bollinger said.

By Mary Liu

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