Dogecoin’s 30-day low after 10% fall – Time to exit the market?

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Leading memecoin Dogecoin [DOGE] has extended its seven-day losses as it failed to react positively to post-halving blues...

extended its seven-day losses as it failed to react positively to post-halving hype. At press time, the altcoin was valued at $0.15, logging a minor 0.13% price uptick in the last 24 hours, according to

DOGE’s decline below its 50-day SMA confirmed the shift in market’s sentiment from bearish to bullish. As it gears towards its 200-day SMA, the memecoin’s price may be approaching a long-term support level of $0.1. When an asset’s Awesome Oscillator trends in this manner, it is an indication that selling pressure is significant.

 

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