Dogecoin price trend is worrying!
Dogecoin has become increasingly popular due to the support of Elon Musk. However, its recent price movement is a bit worrying. The price changes of Dogecoin relative to the US dollar have attracted a lot of attention. The recent decline is mainly due to the influence of Bitcoin. If this downward trend continues, the price of Dogecoin will continue to fall.
To avoid further declines, Dogecoin needs to stay above $0.1750. If this price is broken, the price of Dogecoin may continue to fall. If it really falls below $0.1750, the price may fall to $0.1480.
Dogecoin trading data gives us some clues. Dogecoin's technical indicators show that the downward trend is still continuing. Another indicator tells us that the pressure to sell Dogecoin in the market is very high.
There are several key price points for Dogecoin to pay attention to now. If the price can stabilize, then $0.1820, $0.1750 and $0.1480 are several important support points. The price starts to rebound, and $0.2000, $0.2150 and $0.2300 are the prices it may reach.
