TL;DR Breakdown Dogecoin price analysis indicates a bearish marketDOGE/USD attempting to break out of $0.25Press time price is $0.2427 Today’s Dogecoin price analysis indicates bearish signals for the next 24-hours after the $0.2500 overhead resistance rejected further upsides, thereby pulling the meme coin into a tight trading range. Therefore, we are expecting the DOGE/USD pair to slide further downwards into the $0.21 support and retest deeper lows. Cryptocurrency heat map. Source: Coin360 The overall cryptocurrency market is trading in the green zone, with the majority of the coins recording gains. Bitcoin went up by 0.16 percent, Ethereum increased by 0.8 percent, while Binance Coin increased by 1.20 percent. Cardano emerged as the best performing altcoin of the day with a 6 percent improvement, while Solana is the worst performing altcoin. Dogecoin price movement in the last 24 hours: Dogecoin stuck below $0.25 According to our daily Dogecoin price analysis, DOGE/USD trades within an extremely tight daily range between $0.2376 – $0.2479, which indicates a very volatile market. Meanwhile, the memecoin’s total trading volume dropped by 26.1 percent and totaled $1.28 billion, while the total market capitalization is trading at approximately $31.04 billion. Coin Market Cap ranks Dogecoin at position #8 overall among the top ten altcoins by market value. DOGE/USD 4-hour chart: DOGE to continue consolidating? On ...
