Dogecoin Price Prediction: DOGE Drops 3% As Investors Pivot To This Crypto Index ICO For Diversified Meme Coin Exposure
The Dogecoin price dropped over 3% in the last 24 hours to trade at $0.2579 as of 9:57 p.m. EST as investors turn their attention to other cryptos. With the 24-hour drop in the DOGE price, the largest meme coin by market cap is now down more than 36% on the monthly time frame. Dogecoin Price Hovering Above Support 4-hour chart for DOGE/USD (Source: GeckoTerminal) The Dogecoin price is hovering above the key support level at $0.2478, GeckoTerminal data shows. Should the meme coin drop below this mark within the next 12 hours, it could end up plunging to the subsequent support all the way down at $0.2289. On the other hand, traders identifying the crypto’s current level as a buy opportunity might result in the Dogecoin price attempting a challenge at the $0.2676 resistance level. A break above this technical barrier could then lead to the meme coin rising to as high as $0.2865 in the short term. Technicals Suggest The Dogecoin Price Might Start To Rise Soon From a technica...