Dogecoin has experienced a significant decline, dropping 11.8% in the past 24 hours and 20% over the last seven days. The popular cryptocurrency, however, might soon test its support level at $0.30.
Technical analyst Trader Tardigrade, active on the social media platform X, has observed a symmetrical triangle forming on Dogecoin’s daily candlestick chart. A breakout from this pattern could lead to notable price movements.
Source: bitcoinist.com ↗