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

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DogecoinDOGEIf price falls below the ascending channel for 53 consecutive days (which it did not trade in), then ) could lose critical support. A daily close lower than $0.26 is likely to invalidate the current move, although technical analysis does not always follow a scientific formula.

Price at FTX. Source: TradingView

Apart from ().BTCThese headwinds are DOGE Price, the me token for this week, under pressure underwentA software upgrade was performed and the users were asked to update to version 1.14.5. 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 open interest aggregate Source: CoinGlass
Doge/USD Price on FTX Log Scale TradingView