Lens1000
VIP Contributor
The dogecoin market is completely under the control of the bears. This indicates that a full-fledged deterioration is on the way.
According to the volume profile for 2021, the virtual currency traded near the last support.
To avoid a drop to $0.08, the bulls would have to keep the dogecoin at $0.18.
If it falls below $0.18, it will tumble to $0.08, which will be a devastating loss for dogecoin holders. Following in the footsteps of dogecoin's forerunners, it has the potential to skyrocket following a massive fall.
Furthermore, if the bulls are able to boost the price of dogecoin above $0.28. It would go on a long bullish run and most likely hit $0.50.
According to the volume profile for 2021, the virtual currency traded near the last support.
To avoid a drop to $0.08, the bulls would have to keep the dogecoin at $0.18.
If it falls below $0.18, it will tumble to $0.08, which will be a devastating loss for dogecoin holders. Following in the footsteps of dogecoin's forerunners, it has the potential to skyrocket following a massive fall.
Furthermore, if the bulls are able to boost the price of dogecoin above $0.28. It would go on a long bullish run and most likely hit $0.50.
