Dogecoin Price Prediction Drops Further, Where Next for DOGE?
The cryptocurrency market has been struggling over the past few months. The altcoin space seems to have fallen on hard times, with Dogecoin and the other five major meme coins all falling by double digits on Sunday. This continued into Monday with a slight correction.
Dogecoin [DOGE] has rebounded 20% since hitting a low of $0.0913 on Friday, July 5. Most cryptocurrencies have rebounded after the recent carnage, but not all of them can maintain the upward momentum.
The Dogecoin price prediction suggests that it may also struggle to maintain this momentum. Instead, prices may consolidate or fall as buyers remain weak. Bulls are on the ropes, hovering at the $0.1 level
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Dogecoin has broken below the March lows, erasing all gains in the second half of the month. To the south, the $0.0775 to $0.082 area is the next demand zone. Prices consolidated for two months before the crazy surge in February and March.
