Markets· ★★· bearish·

DOGE drops 4.50% from the open as volume runs 52% above average

  • —DOGE trades at $0.08127, down 4.50% from the open but up 0.72% from the prior close
  • —Daily volume hit $1.78 billion, 52.31% above the 30-day average
  • —Price is below the 7-, 15-, 30-, 50- and 200-day SMAs; RSI 38.5, MACD bearish
  • —No derivatives or on-chain data available, and no confirmed catalyst for the move
Why it matters: With no catalyst and no derivatives data, the DOGE move is purely technical, leaving room for elevated volatility.
Source: DiarioBitcoin