Markets· ★★· bearish·

Dogecoin Falls 6.11% to $0.0844 as Volume Runs 38.6% Above Average

  • —DOGE trades at $0.0844, down 6.11% on the day
  • —Volume hit $1.59 billion, 38.62% above the 30-day average
  • —Price is below the 7-, 15-, 30-, 50- and 200-day SMAs, above the 90-day SMA at $0.0810
  • —RSI at 40.6 and a bearish MACD point to weak momentum
Why it matters: A break below the $0.0810 90-day SMA opens further downside, while holding it could set up a technical bounce.
Source: DiarioBitcoin