
Title: Dogecoin (DOGE) Dream of $1 Is Over?
The recent market downturn has brought a significant correction to the cryptocurrency space. Unfortunately, Dogecoin’s (DOGE) dream of reaching $1 appears to be an increasingly distant prospect. The recent sell-off has led to a loss in value for DOGE, with no signs of reversal on the horizon.
As per the latest analysis by Arman Shirinyan, DOGE is expected to continue its bearish trend, with the price potentially plummeting further before any significant recovery can be seen. The 50 EMA remains the key level that would indicate a change in momentum for the asset, but it appears unlikely at this point.
While there are still possibilities of additional corrections remaining high until then, making investors cautious about the short-term outlook.
Source: u.today