Coinspeaker
8 hour ago
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BEARISH 📉 : DOGE struggles in bearish trend; $MAXI raises $4.5 million

DOGE Price Analysis

  • DOGE is currently trading around $0.1208, down from a previous high of $0.30.
  • The 200-day EMA stands at $0.173, indicating a bearish trend.
  • RSI is near 36.7, suggesting the potential for reactive bounces.
  • MACD remains negative, and volume is declining, indicating reduced seller urgency without strong buyer action.
  • Support zone ranges between $0.10-$0.12; breaking this could indicate a shift if DOGE surpasses the $0.17-$0.18 region.
  • A breakout past $0.20 could target the $0.30 liquidity zone, while key support lies at $0.095.

DOGE Chart

Meme Coin Developments

  • Dogecoin's popularity is waning, with Maxi Doge ($MAXI) emerging as a new community-focused meme coin.
  • $MAXI has raised $4.5 million in its presale, offering a 69% reward to early buyers.
  • Maxi Doge emphasizes trader interaction, competitions, and on-chain activities.