Dogecoin (CRYPTO: DOGE) has fallen 17% over the past seven days, reaching levels that some traders believe present a prime buying opportunity.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Dogecoin (CRYPTO: DOGE) | $0.1650 | $24.5 billion | +2.3% | -17.3% |
Shiba Inu (CRYPTO: SHIB) | $0.00001211 | $7.1 billion | +3% | -7.4% |
Pepe (CRYPTO: PEPE) | $0.056478 | $2.7 billion | +8.3% | -6.7% |
Trader Notes: Crypto analyst Kevin explained that Bitcoin is currently back-testing key technical levels, including the 0.5 Fibonacci retracement, macro trend lines and the 200-week SMA & EMA, while the 3-day RSI is at historical lows.
If BTC holds its levels and macro conditions improve, he believes this could be the last chance to buy Dogecoin at a relatively cheap price with a strong risk-reward setup.
Crypto trader Wizz remains bullish, stating that DOGE …
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