Moreover, the rejection of Bitcoin at the $27,000 price mark has hurt major altcoins, including Dogecoin, resulting in a decline in their respective charts.
Dogecoin Price Analysis: One-Day Chart
Dogecoin was priced at $0.07 on the one-day chart | Source: DOGEUSD on TradingViewThis suggests a signal to sell, indicating a potential decline in price in the upcoming trading sessions. The Bollinger Bands indicator has widened regarding price volatility and fluctuation, indicating that DOGE may experience price fluctuations in the next trading session. For Dogecoin to recover shortly, it heavily relies on broader market strength.
source:newsbtc
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Tue, 18 Apr 2023