coingape.com
- DOGE price has been stuck in a 4 cent range the last week
- 100MA continues to hold price down
- Major support of $0.24 is close to breaking down
DOGE price has been in a strong down trend ever since Elon Musks’ Saturday Night Live appearance. As of now,$0.74 marked the top of DOGE as it has fallen nearly -70% since. From the low set in March of 2020, DOGE rose nearly 65,000% at its peak. This was one of the largest gaining cryptocurrencies in the top 500. With this data, it is not unexpected that DOGE price cut its value by 70% as large pumps are always followed by large dumps.