Dogecoin (DOGE) Under Pressure—Bearish Setup Could Trigger Sell-Off
Dogecoin started a fresh decline from the $0.1680 zone against the US Dollar. DOGE is consolidating and might extend losses below the $0.150 support. DOGE price started a fresh decline below the $0.1620 and $0.1580 levels. The price is trading below the $0.1600 level and the 100-hourly simple moving average. There is a short-term rising channel or a bearish flag forming with support at $0.1540 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it breaks the $0.1520 support zone. Dogecoin Price Turns Red Dogecoin price started a fresh....
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Dogecoin has lost crucial support levels leading to a price correction. Even though DOGE has seen bearish movements in the past few days due to a general crypto market downswing, the dog-themed meme coin could shift toward a bullish territory in the short term. Upside Momentum Building For Dogecoin In light of bearish performances, Trader […]
Market observers are seeing Dogecoin (DOGE) price retreating back into the red territory, expecting the meme coin to register new lows on a weekly, monthly and even yearly basis if some support does not come quickly to lift the sluggish coin. As of this writing, DOGE is trading at $0.0653, down 4.5% in the last seven days, data from Coingecko show, Sunday. Tesla CEO Elon Musk has always been an avid Dogecoin supporter. His fame and standing on the worldwide markets have enabled him to significantly influence the price and appeal of DOGE. Suggested Reading | Cardano (ADA) Looks To....
Alfacash Store is available to buy and sell cryptocurrencies against euros in a fully non-custodial and automatic process. Now, its users can also enjoy the trading of Dogecoin (DOGE), the popular crypto-meme. They can find here a fast, secure, and regulated way to exchange this cryptocurrency with different payment methods. Dogecoin (DOGE) was officially launched […]
Alfacash Store is available to buy and sell cryptocurrencies against euros in a fully non-custodial and automatic process. Now, its users can also enjoy the trading of Dogecoin (DOGE), the popular crypto-meme. They can find here a fast, secure, and regulated way to exchange this cryptocurrency with different payment methods. Dogecoin (DOGE) was officially launched […]
The Dogecoin price has started out this month with a crash, sparking a bearish sentiment among DOGE investors. This bearish sentiment is further strengthened by historical data, which suggests that these investors shouldn’t be too optimistic about the foremost meme coin recording significant gains this month. Dogecoin Starts February With 23% As Historical Data Paints Bearish Picture CryptoRank data shows that the Dogecoin price has suffered a 23% crash since the start of February. This follows the monthly green close, which the foremost meme coin enjoyed in January, with a 4% gain in the....