Dogecoin’s price fell from 0.23 USD to 0.22 USD, marking a 4% decline in a 24-hour period. Key support rests at 0.22 USD while resistance is identified around 0.23 USD, indicating potential reversal opportunity.
Overall, the crypto market saw liquidations surpassing 1 billion USD, influenced by recent macroeconomic challenges. Traders are watchful of the impact on Dogecoin’s price as institutional interest persists, contrasting with the negative sentiment in broader markets.
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