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Bitcoinist

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Image Credit: Bitcoinist

Analyst Says Dogecoin Could Be In Big Trouble If This Happens

  • Dogecoin, the meme cryptocurrency, is facing potential trouble as it retests a breakout point.
  • A recent correction has caused DOGE to revisit the upper trendline of a multi-month falling wedge.
  • If DOGE fails to hold above this zone, it could signify a continuation of the downtrend, with a potential decline to $0.085.
  • Bulls need to maintain the price above $0.108 to validate the breakout and support further upside potential.

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