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Hot Performing Stocks To Buy For 2022

Dogecoin (CRYPTO: DOGE) investors should soon expect to dive in for another major downturn.
What Happened: According to a recent AMBCrypto technical analysis, Dogecoin's price rested on support located in the $0.28 area and its 12-hour 200-candle simple moving average.

Since the analysis was first published, the coin has already lost the support and dropped down to $0.2734 as of press time.

Per the report, Dogecoin had an opportunity to start an uptrend when it broke over $0.28 on August 13, but then it failed to hold its price above $0.35, which invited bearish sentiment.