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Dogecoin Struggles to Break Current Resistance Level, Analyst Says -Breaking

by Mike Robinson

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According to Analyst, Dogecoin Struggles To Break The Current Resistance Level
  • It is currently in a difficult position.
  • DOGE is still ranked in the Top Ten Crypto Rankings.

Dogecoin (NASDAQ:), the popular cryptocurrency favored by Tesla’s CEO and enthusiast Elon Musk is still one of the most discussed cryptos. Because of its ability to overcome resistances, this crypto is a hot topic. The crypto has had difficulty advancing to the next level in the past days.

Matt Wallace, crypto YouTuber enthusiast and author of this tweet posted his reaction:

Matt Wallace posted his views on the Dogecoin swing and the potential performance of the coin in the next days. Twitter (NYSE.) users shared their opinions on the tweet. Some agreed while others had different opinions. Additionally, over 140 people have retweeted the tweet with 700 likings. These numbers are steadily rising.

Dogecoin is the meme currency that has remained in the Top ten Crypto Assets on CoinGecko. It is due to its loyal supporters who invest heavily in the meme token. We must not forget Elon Musk who was a big supporter of Dogecoin and contributed greatly to DOGE’s success in crypto.

Dogecoin, (DOGE), trades for a fair price at $.20 per cryptocurrency with an enormous market cap of more than $26 billion. It also has an almost $1.2 million daily trading volume. Investors around the world continue to be attracted by these impressive numbers from Dogecoin.

Continue reading on CoinQuora

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