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Look out below! Dogecoin risks further downside after a key support is tested -Breaking


DogecoinDOGEIf price falls below the ascending channel for 53 consecutive days (which it did not trade in), then ) could lose critical support. Technical analysis may not be exact, but a daily closing price below $0.26 would likely invalidate current movements.

Price on FTX. Source: TradingView

Other than the (BTCThese headwinds are DOGE Price, the me token for this week, under pressure underwentUsers were asked to install version 1.14.5 after a software update. Two important security patches were involved: “Remote Code Execution in Dogecoin QT” (CVE-2021-3401) and “Sensitive Information Exposure on Unix platforms” (CVE-2019-15947).

Dogecoin futures have an aggregated open interest. Source: CoinGlass
Price in DOGE/USD on the FTX log scale. TradingView