- Doug keeps within a scope of $ 0.1635.
- The daily trading volume in Meme Coin increased by more than 52 %.
The declining pressure at the market level led to severe losses through encryption assets. The ceiling of the Meme Coin market reached 49.4 billion dollars, lost more than 6.5 %. After the declining direction, Dogecoin (DOGE) decreased by 4.69 %.
The mem currency opened today, commerce At about $ 0.1681, the price rose towards the peak scope of $ 0.1787. With leadership bears, Dog fell to a decrease of $ 0.1624.
At the time of this report, Dog was traded at $ 0.1635, with the maximum market at $ 24.26 billion. Mimi’s daily trading volume was $ 1.9 billion. Besides, note the market a filtering From $ 11.49 million from Duj.
It is worth noting that Dogecoin has decreased by more than 17 % in the past seven days. The original began to trade the week with a group of $ 19, and the lowest level of the week was formed at $ 0.1609.
Will Dog continue to retreat?
The strong landing momentum in Dog is displayed with the MACD medium rapprochement line and crossing the signal line below the zero line. Continuous residence below the zero line may lead to more declines.
The Chaikin Money Flow (CMF) indicates at -0.03 to the weakness of accumulation and the morale of the conservative market, albeit very negative. Meanwhile, the daily trading volume in Dog increased by more than 52.61 %.
If Doge fails to stick to $ 0.17, the price may decrease about $ 0.1537. The loss of this main support range may send a Mimi currency to a deeper correction area.
On the upper side, it is possible that the Meme currency is likely to recover 0.20 dollars. The appearance of the golden cross can push Dog to a $ 0.2446 resistance test.
In addition, the value of Meme Coin’s Bull Bear Power (BBP) is -0.0081 Suggest Moderate momentum. The Duji Daily Relative Index (RSI) indicates at 40.30 to a neutral to medical area.
Release responsibility: The opinion expressed in this article is only the author. It does not represent any investment advice. TENEWSCRYPTO team encourages everyone to conduct their own research before investing.
The encryption news highlighted
Solana (Sol) decreases less than $ 120, is there more losses in the future?
Involve
