What is happening in Dogecoin (DOGE), which started to see a sales wave after testing a critical resistance?
DOGE’s movement attracted attention among memecoins, which retreated with BTC’s unstable pricing. Popularcoin, which tested an important threshold a few days ago, failed to overcome the resistance and retreated. At the same time, DOGE, which recorded a 5.61 percent decrease in the last 24 hours, ranked second on the “Top Losers” list. Can DOGE, which is currently experiencing sales pressure, make an attack again? What’s the latest situation on the technical side?
BTC’s price structure will be decisive!
DOGE, which is mostly priced by Elon Musk’s social media posts, has not received support from this side for a long time. However, with the positive course of BTC, memecoin, which tries to rise from time to time, may target even higher levels. A move towards DOGE from Elon Musk or X may test the price at $0.08373 – $0.08773 and $0.09487 respectively.
BTC’s loosening to $35,000, DOGE’s failure to find fundamental analysis support, or the industry-wide news flow turning negative will naturally shake DOGE. In such a scenario, the levels where relaxation can be expected are 0.07893 – 0.07390 – 0.06985 and 0.0655 dollars, respectively.
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