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NewsBTC 2022-11-05 14:00:46

Dogecoin (DOGE) Price Seen Sliding 15% In Coming Days – Here’s Why

Dogecoin is currently changing hands at a price that is significantly lower than its six-month high of $0.1572, providing an opportunity for investors to take advantage of a huge discount for accumulation. Dogecoin went down by 11% following news of Twitter’s plans to halt crypto integration projects DOGE managed to bounce back over the last 24 hours, going up by almost 7% The asset is looking at $0.136 as crucial point for further price surge According to tracking from Coingecko, the dog-themed crypto is trading at $0.1304 as it increased by 6.7% over the last 24 hours. Although its week-to-date gain now only sits at 55.2%, it is still up by 119.8% for the past two weeks and by 102% over the last month. Even with a slightly big price dump, Dogecoin managed to keep its place as the 8th largest cryptocurrency by market capitalization with its $17.83 billion overall valuation. Whether it can keep that sweet spot or not, it’s anyone’s guess as of this time as DOGE keeps moving back and forth with its price trajectory. For now, the charts seem to point at a drop of 15% in the coming days. Related Reading: SushiSwap Suffers Monthly Drop In TVL – How Will SUSHI Perform This November? Dogecoin Price Analysis DOGE daily price chat is indicating a lot of higher price rejection zones close to the $0.15 marker. This was because the altcoin’s bullish movement ran out of steam, making it lose 11% of its value over the last three days. Sour...

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