Analysing and Predicting Dogecoin’s Price (7th March): Current Trends Result in a Two-Month Low for DOGE
Altcoin Dogecoin has lost momentum and dropped to a two-month low, as bears assume control of the market. Dogecoin is currently down 3.3%, and the immediate resistance level is at $0.079, with a slightly higher one at $0.083. If the coin can push past these resistance levels, an upside movement may occur, but if it drops below its current support of $0.072, it could crash down to $0.061. Last month, Dogecoin’s rally was halted by resistance at $0.1, and it then dropped to find support above the $0.079 level before recovering to face resistance at $0.092. This resistance level produced a sell-off, and the coin consolidated above the initial support level before breaking down to its current low.
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