Dogecoin DOGE Price Recovery Facing Risks of Potential Death Cross
Thursday, 9 May 2024, 18:00
Dogecoin Investors May Witness Losses
Dogecoin's price is nearing a crucial support level that may trigger a death cross, indicating a potential bearish trend. The decline in bullish sentiment, as evident from MACD, could lead to considerable losses for investors.
DOGE Price Prediction: The Last Ray of Support
DOGE is currently trading at $0.14, above a key support level, but facing the risk of falling to $0.12 and incurring significant losses. The formation of a death cross by EMA further accentuates the potential downtrend unless a recovery above $0.15 is achieved.
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