Dogecoin Price Analysis: Whale Selling Raises Risk of Sub-$0.1 Levels

Dogecoin Price Analysis: On Wednesday, the crypto market showcased tamed volatility as Bitcoin stabilized above the $65000 level with a neutral candle. However, the impact of the early week sell-off still hurts the altcoin’s momentum with Meme cryptocurrency leading to the downfall due to violate nature. Thus. The largest meme coin in the market Dogecoin plunged to multi-month support indicating a pivotal moment for notable recovery or prolonged correction.