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Why DOGE traders should be wary of a double-digit price drop

Press Releases Crypto News AMB-Crypto Why DOGE traders should be wary of a double-digit price drop

DOGE showed a bearish bias despite the 16% rally a couple of days ago.
The sentiment was bearish in the futures market after the losses of the past ten days.

Dogecoin [DOGE] showed strong signs of a bearish trend reversal. Its market structure and momentum were bearish and losses of 12%-22% appeared likely based on its price action of the past ten days.

The baseless assertion that Kabuso, the Dogecoin mascot, had passed away on 10th January saw prices climb to the $0.083 mark. AMBCrypto verified that this was not the case and highlighted the memecoin’s social metrics.

The volatility was not wholly unexpected

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Author: Akashnath S

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