After Failing to Hold 50% Fibonacci Support, What is the Outlook for Dogecoin Price Movement?

Quick Summary:

Dogecoin Price: Amid the pre-halving correction in the crypto market, the Bitcoin price plunged to a low of $59672 on Wednesday registering a loss of 4.5%.

This steady supply pressure prolongs the correction trend for the majority of major altcoins including Dogecoin.

Also Read: Why Investors Are Dogging Dogecoin (DOGE) and Combating 10.7% Drop with New A.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Doge Price Analysis Dogecoin price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-18 @ 04:51:38 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 316 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20716285

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 70 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 41 minutes ago

Coverage Areas: India

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