The Dogecoin (DOGE) price has continued to trend downwards, fueled by general weakness in the meme coin market and a lack of sustainable bullish catalysts. Due to its poor performance, market sentiment has been in the dumps for months. However, a crypto analyst has noted that this period of prolonged consolidation and negativity occurs before every major expansion phase. He points to a chart, noting that Dogecoin’s price structure still looks dangerous, as he expects the meme coin to stage a pot
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The Dogecoin (DOGE) price has continued to trend downwards, fueled by general weakness in the meme coin market and a lack of sustainable bullish catalysts. Due to its poor performance, market sentiment has been in the dumps for months. However, a crypto analyst has noted that this period of prolonged consolidation and negativity occurs before every major expansion phase. He points to a chart, noting that Dogecoin’s price structure still looks dangerous, as he expects the meme coin to stage a pot
Category: technology
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