However as the day progressed, bearish sentiment heightened, with price declining. Litecoin was also down today, and continues to trade near a multi-week low.Dogecoin was volatile on Thursday, as prices moved back into the red, after an earlier rebound.
DOGE/USD fell to an intraday low of $0.08685 in today’s session, following an earlier high of $0.09297. The meme coin has been volatile in recent sessions, after a week-long bull run was snapped on Wednesday.Looking at the chart, today’s candlestick has printed a large doji, with dogecoin now trading close to its open price.
In addition to this, the relative strength index has found a floor at the 53.00 mark, which has helped maintain the uncertainty. Should this floor give way, there is a good chance that DOGE will move towards a support point at $0.08000.
At least someone remembers LTC. Kinda sad that it's down while DOGE rebounds.
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