Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jan / 06
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- DOGE Price stressed To $0.082, Downside Potential Looms!
- Jan 06, 2024 at 12:49 am CoinPedia News
- The latest analysis reveals a concerning situation for DOGE price. Currently, the market is witnessing a significant amount of stress, with the price of DOGE being pressured to a low of $0.082. This downward movement hints at a potential downside looming over the horizon. The loss of bullish momentum at the beginning of 2024 has resulted in meme coins losing their hold on critical support levels. As a result, DOGE has experienced a breakdown in its price trend, forming a bearish channel. The selling pressure has intensified, reshaping the daily chart in an unfavorable manner. Adding to the worry is the pullback that started from the psychological pitstop at $0.10, accounting for an 18% decline over the past three weeks. This sharp fall in the market's largest meme coin
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