Release: 2024/01/29 04:36 Reading: 0
Original author:Money Matters
Original source:https://www.youtube.com/embed/dMpIRaJfmso
The current state of the altcoin market is marked by the struggle of Dogecoin to reach the $0.1 mark. Despite trading at around $0.08 with a year-to-date decline of 12.38%, nearly half of Dogecoin holders are experiencing losses. This situation is attributed to various factors, including a weakened buying momentum as indicated by the Relative Strength Index at 46.25 and minimal volatility suggested by the Bollinger Bands. Although there has been an increase in the number of Dogecoin holders, indicating a rise in demand, the growth pace has slowed.
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