Dogecoin Price Prediction: How to Cope with a DOGE Price Drop
key point
- The price of Dogecoin (DOGE) has dropped significantly and is currently trading at $0.1159, down 7.30% in 24 hours.
- Market capitalization fell 7% to $17 billion, while trading volume increased 124% to approximately $724 million.
- Technical indicators suggest that Dogecoin is in a bearish trend and if support is breached, the price could fall below $0.11 or even $0.09.
- Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing bearish signals.
- If market sentiment improves, the price of Dogecoin is expected to rise back above $0.12, or even reach $0.3.
