Dogecoin Wallets Just Hit A New All-Time High, But Why Is Price Struggling?
Dogecoin has reached a new milestone with the number of wallets on the network hitting a new all-time high (ATH). Despite this bullish development, the DOGE price continues to struggle, which has raised concerns among community members. Dogecoin Wallets Hit New ATH But Price Continues To Struggle In an X post, crypto analyst Ali Martinez […]
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Dogecoin Price Key Highlights. Dogecoin price traded lower and tested 42.0 Satoshis which can be seen as a short term support area. The hourly RSI is below the 50 level, i.e. a negative sign and might push the price further lower. There is a lot of bearish pressure noted on the Dogecoin price, which might increase with time. Dogecoin price struggling to gain momentum, which increases the risk of it moving lower in the near term. What's next? There was a downslide in the Dogecoin price recently, which took it below the all-important 50.0 Satoshis. The price traded as low as 42.0 Satoshis,....
The Dogecoin and Shiba Inu prices are currently struggling to maintain a bullish momentum as they continue to suffer significant pullbacks. This downtrend is due to macro factors that have brought about market uncertainty and sparked a bearish sentiment among investors. Why The Dogecoin And Shiba Inu Prices Are Struggling CoinMarketCap data shows that the […]
Dogecoin has often demonstrated its ability to defy expectations and go on notable price surges from time to time. The most notable of these rallies was the 2021 rally, which saw Dogecoin peaking at its current all-time high. However, the best might be yet to come, as technical analysis suggests that Dogecoin is still on […]
Dogecoin has been on a downtrend for more than six months now. The meme coin which found favor in the eyes of investors had been able to rally to new highs but has been unable to replicate this success. Nevertheless, this has not been a deterrent for investors who continue to pour money into the digital asset. Most notable have been the whales as they accumulate massive amounts of Doge through its downtrend. Dogecoin Whales Not Giving Up Dogecoin is a long way from its $0.7 all-time high but that does not mean that investors believe that the digital asset is done for. In fact, Dogecoin....
Dogecoin was struggling beneath its immediate resistance mark over the past 72 hours. The meme coin was seen consolidating on its charts. In the last 24 hours, Dogecoin barely displayed any price action. Bitcoin was seen trading above the $40,000 mark finally which displayed signs of strength, altcoins were yet to follow the same price action. The current price movement of Doge has managed to invalidate its recent rally. If the coin manages to break past the $0.151 mark, the coin can begin to rally again providing respite to traders. Currently, Dogecoin has been moving between the price....