$DOGE Dogecoin breaks the support level at $0.15 amid rising fears of a bloodbath on "Black Monday"โšก๏ธ๐Ÿ‘Œ

Dogecoin is facing a grim technical situation after losing the support level at $0.15. The deadly cross pattern, which formed when the 50-day exponential moving average crossed below the 200-day exponential moving average, reinforces the bearish momentum.๐Ÿ”ฅ

The Relative Strength Index (RSI) encourages traders to sell XRP as it approaches the oversold area on the daily chart, indicating strong bearish momentum. At the same time, a sell signal from the Moving Average Convergence Divergence (MACD) confirms the deterioration of the technical structure. If Dogecoin fails to regain the $0.15 level in the short term, it is likely to reach a low of $0.10.๐Ÿ”ฅ๐Ÿ‘Œ

Sharp decline in Dogecoin with Jim Cramer expecting "Black Monday" sell-offs๐Ÿ”ฅ๐Ÿ‘Œโšก๏ธ

Dogecoin has not been spared from the massive headwinds swirling in global markets as U.S. President Donald Trump insisted on keeping tariffs high to address his country's trade deficit. Jim Cramer, host of "CNBC", predicted on Sunday that global markets would experience a sell-off similar to the "Black Monday" witnessed by the global economy in 1987 unless Trump reconsiders his tariff plan, which affects 100 countries. $DOGE