Dogecoin Down 6%, But Traders Go Long: What Is Going On?

Dogecoin (CRYPTO: DOGE) is down 6% on the day, but traders focus on the medium-term trend, speculating that a rally is still in the making.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Dogecoin (CRYPTO: DOGE)  $0.1813 $26.9 billion -6.2%  +8.2% 
Shiba Inu (CRYPTO: SHIB)  $0.00001334 $7.9 billion -6.1%  +5.8% 
Pepe (CRYPTO: PEPE)  $0.057830 $3.3 billion -6.1%  +7.7% 

Trader Notes: Crypto trader Trader Tardigrade highlighted that Dogecoin has shifted to an uptrend on the daily chart, forming higher highs and higher lows.

He marked certain levels for the …

Full story available on Benzinga.com

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