DOGE price prediction
(note: the post contains data by AMBCrypto)
DOGE prices have stagnated below $0.17 amidst a drop in interest in the derivatives market. But will it manage to break out?
DOGE’s OI has been trending lower since 27th May and slid below $900 million as of press time. The drop denoted underlying bearish sentiment on DOGE’s price prospects.
The downsloping spot CVD (Cumulative Volume Delta) further demonstrated sellers’ market leverage from 27th May.
However, DOGE was headed into a key short-term support near $0.15. A rebound in the short-term demand could push DOGE toward the short-term supply at $0.17 or $0.2.
