Dogecoin Drops Below 16 Cents To Final Bull Market Support Level
Dogecoin (CRYPTO: DOGE) is down below 16 cents on Monday, returning to a rising 300-day trendline that has supported every major rebound this year.
Dogecoin Retests A Year-Long Support Band
DOGE Price Action (Source: TradingView)
Dogecoin’s price is holding just above the rising support that has generated every major rally since February.
The $0.145 to $0.150 area has consistently acted as a demand zone, absorbing sell pressure during each retest and helping fuel recoveries toward mid-range levels.
The current test comes as broader crypto sentiment remains weak, with Shiba Inu (CRYPTO: SHIB) trading near $0.0000089 after repeated failures at intraday resistance and XRP (CRYPTO: XRP) hovering around $2.18 as it slips back under a key intraday trendline.
Bitcoin (CRYPTO: BTC) also remains under pressure near $93,500, keeping risk appetite …
About The Author
