DOGE price falls to $0.07399 due to bearish momentum- Cryptopolitan

Dogecoin is currently in a bearish cycle, despite a short-term trend line that has been moving upward for the last few days. The larger trend is still bearish and Dogecoin has experienced severe losses in the past few months. The 1-day chart shows a decline in value, with a loss of 0.93% currently. The trading volume is also relatively low, indicating a lack of buyers in the market. Technical indicators, such as the MACD and RSI, suggest further losses in the near term. However, a change in trend cannot be ruled out completely as the bulls made a return after a bearish start yesterday. Overall, the Dogecoin price analysis suggests that losses are expected in the near term, but a market upturn could resume the upward trend.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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