Dogecoin Bottom Not In? Analyst Warns DOGE’s Macro Downtrend Won’t Be Over Soon

As Dogecoin (DOGE) retests a key multi-year suppor

Dogecoin Bottom Not In? Analyst Warns DOGE’s Macro Downtrend Won’t Be Over Soon

Dogecoin Bottom Not In? Analyst Warns DOGE’s Macro Downtrend Won’t Be Over Soon

As Dogecoin (DOGE) retests a key multi-year support, some analysts predict a bearish outlook for the largest memecoin by market capitalization, warning that its bottom may not be in yet.

Dogecoin sits at a crucial support and reaction zone in the monthly chart. Source: Rekt Capital
DOGE’s performance in the one-week chart. Source: DOGEUSDT on TradingView

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

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