Dogecoin

<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Price Analysis</a>, The DOGE price action warns of a trend reversal in early 2024, evident in the daily chart's falling channel breakdown.</li>
 <li>The bearish trendsetter for <a href="https://www.coingabbar.com/en/crypto-currency/dogecoin-doge-prices-usd" class="f-link" rel="noopener noreferrer nofollow">Dogecoin</a> occurred on January 3rd with a bearish engulfing candle, breaching the descending support trendline.</li>
 <li>Dogecoin has struggled in the last two days to break inside the descending channel pattern but has been unable to sustain, resulting in visible selling pressure.</li>
 <li>A fresh decline could be triggered if there's a failure to break above $0.0850.</li>
 <li>The critical question is whether DOGE will hold at $0.8000 or not, a key consideration in technical analysis.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.08400-$0.08800
SUPPORT LEVEL : $0.07700-$0.07300
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

DOGECOIN: Will Panic Selling Subside or Signal an Ongoing Bloodbath

Coingabbar

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