DOGE FALLS QUICKLY
The price of Dogecoin (DOGE) has experienced a significant decline recently, raising concerns among investors as the cryptocurrency approaches a critical technical indicator known as the "death cross."
This pattern occurs when a security's short-term moving average crosses below its long-term moving average, often signaling potential further declines.
Analysts suggest that if the current trend continues, Dogecoin could face a collapse of up to 20%, amplifying fears of a bearish outlook for the meme-inspired cryptocurrency. Investors are advised to monitor the situation closely as market sentiment remains uncertain.
