Dogecoin Price Prediction: Meme Coin Leader DOGE Tumbles 10% As This Vote-To-Earn Presale Zooms Past $1.2 Million
The Dogecoin price plunged 10% in the last 24 hours to trade at $0.156 as of 3.30 a.m. EST on trading volume that plummeted 11% to $116.63 million. The DOGE price has been fairly sluggish throughout the summer compared to other major meme coins by market cap. However, the oldest meme coin made up for it with a significant price surge during the second half of October, going from a support at $0.10 to a resistance at $0.18. Now, however, with October, historically one of the crypto industry’s most profitable months, being over, the coin suddenly lost its momentum and its price started tumbling back down. DOGE is already closing in on $0.150, which is a level that acted as a major resistance during the past two weeks. If the bearish pressure continues to grow, DOGE might break this resistance-turned-support in the next few hours. Alternatively, if the level holds until the bulls return, DOGE will likely use it as a foothold to launch its recovery. Dogecoin Price Prediction The ...