Dogecoin price pulls back after rally—Can DOGE hold above $0.08?

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Dogecoin briefly approached $0.10 before pulling back to around $0.085. The price has lost about 10% from its recent peak, and the $0.08 level has become a key support to watch for investors. Whale activity increased substantially during the rally but has since declined, suggesting weakening buying pressure. If DOGE holds above $0.08, buyers may attempt another move towards $0.09. In a worst-case scenario, losing this support could expose Dogecoin to a decline of up to 35%, toward $0.055.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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