Dogecoin (CRYPTO: DOGE) traded 4.3% lower at $0.07 in the early hours of Tuesday.
DOGE declined in tandem with other major coins as the global cryptocurrency market cap fell 3.1% to $1.05 trillion at press time.
Dogecoin Price Performance
Time-frame
% Change (+/-)
24-hour
-4.3%
24-hour against Bitcoin
-2.7%
24-hour against Ethereum
1.7%
7-day
7.35%
30-day
0.7%
YTD performance
-61.6%
See Also: How To Get Free NFTs
The DOGE Factors
The 24-hour trading volume for DOGE fell 15.75% to $415.68 million at press time, according to CoinMarketCap.
Coinglass data indicated that $1.16 million worth of DOGE was liquidated over 24 hours as the price of the meme coin declined.
Dogecoin’s relative stress index was 48.34 at press time, according to TradingView. An asset with an RSI of below 30 is considered oversold, while if it has an RSI above 70 it is considered overbought.
Crypto Could See ‘One Last Leg Up’
Full story available on Benzinga.com