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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