Markets· ★★· bearish·

Dogecoin slips 2.89% to $0.0771, trading below all key moving averages

  • —DOGE trades at $0.0771, down 2.89% from the prior close
  • —Price sits below SMA-7, SMA-15, SMA-30, SMA-50, SMA-90 and SMA-200
  • —RSI at 34.6 and stochastic at 16.3 signal approaching oversold conditions
  • —Daily volume of $690M is 22.56% below the 30-day average
Why it matters: With DOGE below all major averages, any bounce looks corrective; a break of $0.075 on rising volume would strengthen the bearish case.
Source: DiarioBitcoin