saw muted social sentiment in the past few weeks. Social media engagement was falling, and user activity declined alongside the prices.
Together, the MDIA and MVRV metrics flashed a strong buy signal for Dogecoin. However, the daily active addresses metric continued to fall over the past month. It was possible that the Dogecoin price would take a bearish path after sweeping the liquidity in the $0.17 region. A positive reaction from Dogecoin such as flipping the $0.17-$0.18 region to support would pose less risk to investors looking to buy the meme coin.The 1-day price chart showed that the uptrend was still intact. Additionally, the 78.6% Fibonacci retracement level was also defended during the recent price plunge.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dogecoin’s price forecast – How will Bitcoin’s halving impact this altcoin?According to blockchain tracker Whale Alert, a market participant sent 100 million Dogecoin [DOGE] from Robinhood to an unidentified wallet..
Source: CryptoAmb - 🏆 22. / 68 Read more »
PEPE’s big 10% price hike – Here’s one reason to thank DogecoinPepe [PEPE] recorded a sharp spike on Thursday, on what looked like as a response to its listing on Coinbase International Exchange.
Source: CryptoAmb - 🏆 22. / 68 Read more »
SHIB, Dogecoin, BONK price predictions – What’s in store this weekend?Memecoins were not left out as crypto prices suffered severe declines in the last seven days. For example, Shiba Inu [SHIB] registered..
Source: CryptoAmb - 🏆 22. / 68 Read more »
Dogecoin, Shiba Inu price predictions: What does April have in store?Dogecoin has posted twice the gains that Shiba Inu has in the past ten days, but SHIB bulls could catch up soon, according to this signal.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Dogecoin’s price rally – Here’s when profits will roll inAfter ending the previous week on an impressive note, Dogecoin [DOGE] seems committed to hitting another yearly high this week
Source: CryptoAmb - 🏆 22. / 68 Read more »
Dogecoin’s price prediction: Is DOGE to $1 still on for the memecoin?The price of Dogecoin experienced a notable uptick as transaction volumes observed a significant increase, indicating heightened activity.
Source: CryptoAmb - 🏆 22. / 68 Read more »