
Title: Dogecoin (DOGE) Death Cross Gets Worse: What to Expect?
Dogecoin’s recent price movement has been quite concerning for the bulls. The asset has formed a “Death Cross” with its 50-day moving average now below its 200-day moving average, indicating a potentially grim outlook for DOGE investors.
However, it is essential to remember that the cryptocurrency market can be highly unpredictable and volatile. A sudden change in sentiment or an unexpected event could trigger a sharp recovery or a significant drop in price.
In the meantime, if Dogecoin continues to plummet below $0.14, there might not be enough support for the asset to prevent a drastic fall to $0.10. This is largely due to the lack of fundamental support and a general distrust among investors regarding DOGE’s future prospects.
On the other hand, those optimistic about DOGE’s potential could aim for a breakthrough at $0.20, which would likely trigger an uptrend for the asset.
Source: https://u.today/dogecoin-doge-death-cross-gets-worse-what-to-expect