Technical Indicators Suggest DOGE Price Could Drop to $0.08

Coin Edition
Coin Edition
Published in
Dec 12, 2022
  • DOGE is currently down by about 9.47%.
  • Technical indicators for the meme coin are also bearish.
  • The price of DOGE could drop as low as $0.08 in the coming days.

CoinMarketCap indicates that the price of Dogecoin (DOGE) is currently down by about 9.47%, which means that the meme coin is trading hands at $0.08781. Over the last day, the crypto was also able to reach a low of $0.08729 and a high of $0.09701.

DOGE’s weekly performance is also not looking much better, as the crypto is down by more than 15%. However, the meme coin’s 24-hour trading volume saw a triple-digit increase over the last day. It now stands at $605,654,010 after a 179.17% rise.

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Coin Edition
Coin Edition

Coin Edition is an independent digital media company that focuses on news from the blockchain and crypto space.