Dogecoin has experienced a significant decline, dropping 36% from its September peak to a current price of $0.1981. Technical analysis reveals concerning patterns, such as a potential death cross and a bearish flag, indicating the possibility of further price decreases.
The REX-Osprey DOGE ETF, which has amassed $30.7 million in assets, has seen no recent inflows, reflecting tepid investor interest. Analysts caution that if critical support levels fail, Dogecoin's price could revisit $0.1515 or potentially plummet to $0.0052.
Dogecoin Plummets 36% Amid Bearish Market Indicators
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