Dogecoin’s (CRYPTO: DOGE) latest whale transactions and rising liquidations have raised uncertainty about the meme coin’s short-term future. While some traders expect further downside, others see a potential rebound from lower support levels.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Dogecoin (CRYPTO: DOGE) | $0.1672 | $24.8 billion | -7.7% | -24.5% |
Shiba Inu (CRYPTO: SHIB) | $0.00001214 | $7.2 billion | -0.6% | -13.7% |
Pepe (CRYPTO: PEPE) | $0.056146 | $2.6 billion | -0.04% | -26.3% |
Trader Notes: CrediBULL Crypto noted that DOGE has dropped nearly 60% after rejecting a key monthly supply zone.
He believes the next logical targets are the range lows, where he may consider buying DOGE for the first time.
Full story available on Benzinga.com