{"id":29253,"date":"2023-09-26T07:15:24","date_gmt":"2023-09-26T07:15:24","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/09\/26\/doge-stuck-within-a-falling-channel\/"},"modified":"2023-09-26T07:15:24","modified_gmt":"2023-09-26T07:15:24","slug":"doge-stuck-within-a-falling-channel","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/09\/26\/doge-stuck-within-a-falling-channel\/","title":{"rendered":"DOGE Stuck Within A Falling Channel"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Dogecoin value has failed to flee the confines of a multi-month downtrend since October 2022 more likely to push for an additional sweep at liquidity from assist at $0.045 forward of the following restoration try.<\/p>\n<p>A look at DOGE on shorter timeframes reveals a risky token, nevertheless, a complete long-term chart outlook reveals a crypto that continues to fail in any respect makes an attempt to interrupt free from a longstanding downtrend.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><a href=\"https:\/\/coingape.com\/price\/dogecoin\/\">Dogecoin price<\/a>\u00a0is up 0.4% to $0.061 on Tuesday amid a persistent push from sellers to weaken assist at $0.60 and full a bearish fractal to $0.045.<\/p>\n<h2>Dogecoin Bearish Fractal Update<\/h2>\n<p>A descending channel engulfs Dogecoin value on the weekly chart, suggesting that the present downtrend is much from over. With the channel assist and resistance holding firmly,\u00a0<a href=\"https:\/\/coingape.com\/markets\/doge-price-prediction-can-recovery-push-dogecoin-to-0-07\/?utm_source=pricepagenewssection\">DOGE is confined to wobbling<\/a>\u00a0inside a slim descending vary.<\/p>\n<p>Rejection from the higher boundary has since October 2022 turn into a norm whereas bulls deal with guaranteeing the decrease boundary is defended in any respect prices.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>A bearish fractal sample reinforces the channel resistance and assist areas, therefore the potential for one other dip to $0.045 earlier than DOGE aligns for the following main breakout.<\/p>\n<figure id=\"attachment_160108\" aria-describedby=\"caption-attachment-160108\" style=\"width: 1233px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-160108\" alt=\"doge coin price chart\" width=\"1233\" height=\"560\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42.png 1233w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42-300x136.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42-1224x556.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42-768x349.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42-150x68.png 150w\" data-lazy-sizes=\"(max-width: 1233px) 100vw, 1233px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-160108\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42.png\" alt=\"doge coin price chart\" width=\"1233\" height=\"560\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42.png 1233w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42-300x136.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42-1224x556.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42-768x349.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/DOGEUSD_2023-09-26_09-19-42-150x68.png 150w\" sizes=\"auto, (max-width: 1233px) 100vw, 1233px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-160108\" class=\"wp-caption-text\">DOGE\/USD weekly chart | Tradingview<\/figcaption><\/figure>\n<p>A fractal indicator helps merchants to determine potential development reversal. Every time Dogecoin has touched the channel\u2019s higher boundary, it has rolled again to the channel\u2019s decrease boundary.<\/p>\n<p>With that in thoughts, we are able to foresee the potential for the downtrend extending to $0.045 earlier than the following swing larger.<\/p>\n<p>However, the sideways outlook proven by the Moving Average Convergence Divergence (MACD) indicator may break the sample in favor of a rebound from the speedy assist at $0.06. It is vital to not underestimate assist from the descending channel\u2019s center boundary.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>A continued uptrend could be required to assist with the next breakout above the channel. Note that elevated buying and selling volumes are paramount for such a development reversal to happen. In that case, short-term revenue reserving may begin at $0.07 however\u00a0<a href=\"https:\/\/coingape.com\/markets\/doge-price-prediction-as-rising-supply-pressure-hints-12-fall\/?utm_source=pricepagenewssection\">Dogecoin is likely to ease into a bull market<\/a>\u00a0with the reclamation of the bottom above the 50-week Exponential Moving Average (EMA) (purple) at $0.08.<\/p>\n<h2>Will Elon Musk\u2019s X Integrate DOGE Payments<\/h2>\n<p>The Dogecoin group has been ready for a sign from X, previously Twitter that the push to assist funds will embrace the biggest meme coin. X has been making use of for licenses to supply funds and assist transactions, with out mentioning the potential for including assist for crypto transactions.<\/p>\n<p>However, many speculate that Dogecoin may be among the many cryptos more likely to be thought of to energy funds on X, the social running a blog platform, working to turn into the \u201cEverything App.\u201d<\/p>\n<p>Musk\u2019s hyperlink to Dogecoin goes again a few years in the past when he said that Dogecoin is his favourite crypto. The billionaire has been rumored to be secretly contributing to the event of the community, to not point out he as soon as proclaimed that he&#8217;s the \u201cdogefather.\u201d<\/p>\n<p>In response to a Doge Designer\u2019s inquiry over the necessity to change the birdhouse icon used to indicate X\u2019s residence function, Elon Musk stated \u201cWe will.\u201d While this doesn&#8217;t essentially imply the hen brand will give technique to Dogecoin\u2019s brand, the group welcomed the thought with open arms.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We will<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1706186074832150804?ref_src=twsrc%5Etfw\">September 25, 2023<\/a><\/p>\n<\/blockquote>\n<p>When X, then Twitter, briefly modified the hen brand to a Dogecoin brand, Dogecoin value exploded. The integration of Dogecoin to symbolize the house function on X may have an enormous impression on the meme coin.<\/p>\n<p>At the height of this hypothesis might be assist for Doge funds, which may enhance Dogecoin\u2019s publicity to tens of millions of individuals world wide and set off a bull run. Investors with a long-term outlook for Dogecoin foresee a breakout to $1 throughout the doubtless bull market anticipated in 2024\/2025.<\/p>\n<h3>Related Articles<\/h3>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/dogecoin-price-prediction-bearish-fractal-signals-another-dip\/\" target=\"_blank\" style=\"display: block\" rel=\"noopener\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/dogecoin-price-prediction-bearish-fractal-signals-another-dip\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here&rsquo;s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA160106\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>John is a famend crypto analyst and journalist, offering skilled insights into each broad and targeted elements of the digital asset market. As a steadfast reporter, he retains his viewers up to date with the newest information within the crypto sphere, delving into subjects resembling value tendencies, on-chain information analytics, Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), Centralized Finance (CeFi), and the ever-evolving metaverse.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD160106\">\n<p>  The introduced content material could embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any accountability on your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/twitter-is-now-worth-just-33-of-elon-musks-purchase-price\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Twitter is now worth just 33% of Elon Musk&rsquo;s purchase price <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/will-cramer-curse-strike-again\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/will_cramer_curse_strike_again_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/will_cramer_curse_strike_again_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Will Cramer Curse Strike Again? 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A look at DOGE on shorter timeframes reveals a risky token, nevertheless, a complete long-term chart outlook reveals a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[3583,548,524,2063],"class_list":["post-29253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-channel","tag-doge","tag-falling","tag-stuck","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/29253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=29253"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/29253\/revisions"}],"predecessor-version":[{"id":29254,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/29253\/revisions\/29254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/29255"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=29253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=29253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=29253"}],"curies":[{"name":"wp","href":"https:\/\/api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