As market volatility sends Dogecoin (DOGE) to retest its breakout level, some analysts have advised “cautious” optimism for the leading memecoin, arguing that weak bullish momentum could invalidate the recent price action. ‘Optimism With A Seatbelt On’ On Thursday, Dogecoin fell to a one-week low of $0.095 before bouncing back above the $0.098 support level.…
Tag: DOGE breakdown
Dogecoin Triangle Formation Breakdown Spells Trouble As 15% Move Nears – Time To Be Cautious?
After the latest market pullback, Dogecoin is attempting to hold a crucial support area to open the door for a recovery rally. However, some analysts have suggested that the cryptocurrency’s bleeding may not be over and a move to lower levels looms. Dogecoin Chart Signals Short-Term Caution On Friday, Dogecoin saw another 4.2% intraday decline…