<ul><li>Dogecoin price crashed alongside the crypto market due to Bitcoin's drop towards $100,000, influenced by a dispute between US President Donald Trump and Elon Musk.</li><li>Dogecoin's price broke through multiple minor supports, indicating bearish control, with a significant drop close to an important support level.</li><li>Crypto analyst highlighted $0.16 as a critical support level for Dogecoin, essential for bullish continuation; failure to hold could lead to a price crash.</li><li>Bullish technicals include breaking above a descending trendline and sustaining strength above the 200-week MA, potentially setting the stage for an uptrend towards $0.48.</li></ul>

Dogecoin Price Crash Threatens Support At $0.16, Why Bulls Must Hold This Level

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