Dogecoin is currently showing signs of selling pressure after shedding much of the bullish momentum it had gathered in late April and early May.
Crypto analyst RLinda says that Dogecoin (CRYPTO: DOGE) is now showing signs of selling pressure as it has lost much of the bullish momentum it had gained in late April and early May.
Crypto analyst RLinda says that Dogecoin (CRYPTO: DOGE) is now showing signs of selling pressure as it has lost much of the bullish momentum it had gained in late April and early May.
What Happened: Technical analysis of the Dogecoin price shows that the meme cryptocurrency is precariously hovering just above a key support level, putting it one step away from a downtrend.
Analyst RLinda noted this level, set at $0.214, on the TradingView platform, labeling it the panic zone.
According to RLinda’s analysis, Dogecoin’s distribution phase between May 9 and 11 ended in the $0.2600 range, eventually marking the
According to RLinda’s analysis, Dogecoin’s distribution phase between May 9 and 11 ended in the $0.2600 range, eventually marking the
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