Crypto
Dogecoin Sees Critical Decision Point Amid Accumulation Signs
Dogecoin has been experiencing a downturn since May 8, 2021, when it touched $0.7376 due to Elon Musk's tweets and retail traders piling in.
Today, $DOGE is trading at $0.0690, down 90% from its all-time high.
The price is currently pinned at a decision point, with buyers showing signs of accumulation.
A recovery leg may be possible if buyers show up with real volume, but if they don't, expect more sideways grinding before $DOGE makes any serious run at its old highs.