Dogecoin price is starting to reverse some of the gains made last week. At the time of writing, Dogecoin price is down 9% in 24 hours, but it is well positioned to reverse these losses very soon.

In particular, Dogecoin is still on track to close the month on a very long bullish candle. Notably, crypto analyst Trader Tardigrade highlighted this phenomenon for Dogecoin price on social media platform X. As the analyst pointed out, Dogecoin is on track to close November above the previous monthly high.