Bitcoin News

Analyst ‘Cautiously Optimistic’ About Dogecoin As Price Rally Stalls

2 hours ago

As market volatility sends Dogecoin (DOGE) to rete

As market volatility sends Dogecoin (DOGE) to retest its breakout level, some analysts have advised “cautious” optimism for the leading memecoin, arguing that weak bullish momentum could invalidate the recent price action.

Dogecoin retests descending trendline for the fifth day in a row. Source: Trader Tardigrade on X

Dogecoin’s performance in the one-week chart. Source: DOGEUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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