Warning of a plummet for $DOGE ! The drop may reach 44%!
The price of DOGE has dropped by 3% in the last 24 hours, and this is related to the LIBRA introduced by the President of Argentina.
DOGE may experience a significant decline of 44% next, and that's not good news. The death cross in the chart indicates that an important indicator of DOGE has crossed its long-term average level, and historically, DOGE has fallen significantly during such times.
Last weekend, due to the hype around LIBRA, which then plummeted, DOGE also fell by 7%. It's not just Dogecoin; others like $SHIB are also faring poorly.
In the futures market, DOGE's open contracts have also decreased, as many people were forced to sell due to the sharp drop.
However, despite the apparent decline, some traders remain quite optimistic, believing that DOGE can bounce back in the future. Additionally, the SEC may approve a DOGE ETF, which has reignited hope for many.
Some analysts are also confident about DOGE; they believe that although DOGE has dropped recently, it remains relatively stable, and no matter how bearish the market gets, DOGE still has a chance to recover.
Opportunities are just around the corner; in the next layout direction, I will guide everyone to target the lucrative opportunities in altcoins, with an expected gain of over 10 times being quite feasible. Like + comment, and I'll take you through the entire bull market!
