Dogecoin has experienced a significant 40% price drop, hitting a low of $0.22, its lowest since early 2024, before making a slight rebound to $0.25. Technical analyst Trader Tardigrade highlights that $0.22 is a crucial support trendline, indicating it could be the cycle's bottom.
Historical data reveals that Dogecoin typically makes strong recoveries after experiencing pullbacks greater than 50%. Tardigrade speculates there is potential for a substantial rise in Dogecoin's price again, aided by aligning technical indicators.
Джерело: blockonomi.com ↗