Possible Cushions for 6% Dip in Dogecoin (Doge) price: An Overview
Dogecoin, the ninth largest cryptocurrency by market capitalization, experienced a significant drop on March 3 due to the overall bearish sentiment in the crypto market. However, it quickly rebounded and found support at the $0.073 level, where 44,100 addresses bought 34.38 billion DOGE. This range is considered the most significant support for Dogecoin, with the next support in the $0.071 to $0.0738 range. In contrast, the most significant resistance area for Dogecoin is between the $0.0852 and $0.0857 range, where 91,840 addresses are holding 13.11 billion DOGE. Despite the recent dip, Dogecoin’s 24-hour trading volume is up 130% as traders look to capture gains.
(Visited 5 times, 1 visits today)
About The Author
