DOGECOIN PRICE ANALYSIS & PREDICTION (March 11) – Doge Sees 6% Gains Amid Meltdown, Possible Recovery Ahead?
After declining by over 20% in a week, Doge found a temporal support today and took a little pause. Bouncing off today’s low, other top meme coins have followed suit, but there's no assurance for a reversal yet. Doge's overall market structure has remained bearish for over three months now as it continues to break lower every week. While several positions have been liquidated on the futures trading, spot traders are still hopeful of a strong recovery while counting heavy losses. However, it may be too late to recover such a loss as the crypto market stylishly signals an ending bullish cycle. Though, there's hope for an increase as the price remains within a buying zone in the long term. A continuous monthly breakdown will confirm a bear season start. Meanwhile, the last 24 hours have marked a tough moment […]