What’s Next for Dogecoin (DOGE) as it Underperforms the Crypto Market despite a Bullish Sentiment Score and Thursday’s Downsides?
Dogecoin has received a Bullish rating from InvestorsObserver’s Sentiment Score, which measures the coin’s performance over the past five days by volume and price movement. The score is a useful tool for both short-term investors seeking to ride a rally and longer-term investors looking to buy on the dip. Dogecoin is currently narrowly down at $0.07462798173, while the broader crypto market is up 2%. Despite the low volume of trades in the past few days, the coin is well-positioned between support at $0.0731631116295358 and resistance at $0.0760050238395234. However, due to a lack of data, the cryptocurrency may be less suitable for some investors.
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