© Reuters Dogecoin Price Falls to $0.07061 as a Result of Negative Impulse- The DOGE price chart illustrates a dismal downward market trend.
- The bears gained control of the market as the price of DOGE dropped 0.23 % to $0.07061.
- A continuation of the negative trend is reflected by the indicators leaning southwards.
The (DOGE) market has had a bullish influence in the previous 24 hours; however, this upward trend was short-lived after hitting resistance around $0.07238. Bears took control of the market following this resistance and successfully pulled DOGE down to $0.07042, a 0.64% drop.
This notion is supported by the fact that the market capitalization and 24-hour trading volume both declined by 0.71% and 26.13%, respectively, to $9,338,177,766 and $336,010,129, ranking #8.
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