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Cryptopolitan 2021-08-27 07:45:45

Dogecoin Price Analysis: Bearish market force Dogecoin into short term downswing to $0.26

TL;DR Breakdown Dogecoin price analysis is trading bearishly on the daily chartDOGE/USD traded within a tight daily range of $0.2650 – $0.2751 Dogecoin Price Analysis: General price Overview Dogecoin price analysis is trading bearishly on the daily chart with long red candlesticks that saw the meme coin retrace 1.42 percent lower from yesterday’s price. The DOGE/USD pair fell from the $0.30 support earlier on, and the bears hae continued pulling the price downwards towards the $0.26 support.  The general cryptocurrency market is trading with mixed signals but with the majority of the coins trading within the red zone. Bitcoin and Ethereum gained 0.14 and 0.09 percent, while Cardano and Binance Coin lost 1.42 and 1.66 respectively. Solana is the best performing altcoin with a 24-hour net positive change of 21 percent. Dogecoin price movement in the last 24 hours: DOGE/USD retraces to $0.26 According to our 24-hour Dogecoin price analysis, DOGE/USD traded within a tight daily range of $0.2650 – $0.2751. The narrowness indicates low volatility across the daily chart. Meanwhile, the total daily trading volume decreased by 18 percent to a sum of $2.16 billion. The total market capitalization for Dogecoin dropped by 1.45 percent by to a sum of $35.3 billion. Dogecoin ranks at number #7 overall.  DOGE/USD 4-hour chart: BNB prepares for another rally? Our 4-hour Dogecoin price analysis seems bullish as the price acti...

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