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Dogecoin Price Eyes $0.2 Rally As Analyst Identifies ‘Bottom Formation’

source-logo  coingape.com 03 November 2024 23:40, UTC

The cryptocurrency market is witnessing a notable correction ahead of the U.S. presidential election of 2024. As Bitcoin price plunged below the $70,000 mark, the altcoin market is experiencing renewed selling pressure. While the Dogecoin price follows the same momentum, a renowned crypto analyst identified a possible bottom formation for most major altcoins. Currently trading at $0.15, the DOGE hovers at a crucial support zone to regain its bullish momentum for a $0.2 rally.

coingape.com