Dogecoin, the largest meme coin globally with a market cap of over $10.4 billion, has been experiencing volatile price swings recently, causing uncertainty for investors. Following a period of price increases throughout July, the coin’s price has dropped over 11% since reaching its peak on July 25th. It is currently trading around $0.074, unable to break the resistance zone located at $0.083.
Furthermore, the price has fallen below the 20-day Exponential Moving Average (EMA), indicating a bearish short-term trend. This resistance is now being tested, and failure to break above could…
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