Dogecoin might witness a 25% drop if it doesn’t stay above the $0.30 support level, possibly moving to $0.22. This potential downturn mirrors the prevailing bearish sentiment in the cryptocurrency market.
A notable 58.3% of leading DOGE traders are in short positions, heightening the bearish perspective. DOGE’s price trends are aligning with broader market movements, especially the dips in Bitcoin, Ethereum, and XRP.
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