The meme coin dropped below a key price floor at $0.080 following today’s plunge. Shiba inu was also lower to start the weekend, falling by as much as 3%.Dogecoin moved to a three-week low to start the weekend, as bears pushed the meme coin below a key price level.Saturday’s decline saw DOGE fall below a long-term support point at $0.080, hitting its weakest point since April 3.From the chart, it appears that dogecoin has found a new floor at near the $0.
The next visible resistance level looks to be at 51.00, and should bulls begin to move towards this, DOGE will soon be back above $0.090.Another meme coin in the red on Saturday was shiba inu which also slipped to a multi-week low.
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