March 10 DOGE Price Analysis

Dogecoin (DOGE) has seen a 10.80% drop in price, making it one of the biggest losers among the top 10 cryptocurrencies. On an hourly chart, DOGE has found local support at $0.06253, but sideways trading is more likely until the end of the day. On a bigger chart, DOGE has made a false breakout of yesterday’s low at $0.06393, which now serves as a support level. If the candle closes above it, traders can expect local growth to the $0.070 area. However, from a midterm perspective, if the candle closes below the support at $0.06581, a breakout may lead to a further drop to the $0.05588 mark by the end of the month. DOGE is currently trading at $0.06457. This information is for informational purposes only and should not be regarded as investment advice. It is recommended to perform personal research and not invest money that cannot be afford to lose.

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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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