Dogecoin price nears $0.067 risk zone after 25% monthly crash
Dogecoin price trades near $0.086 after a 25% monthly drop as traders watch $0.085 support, $0.1019 resistance, and $0.067 risk ahead.
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In the 13 years that Dogecoin has been in existence, it has seen some interesting trends across various months. However, each month has had its fair share of greens and reds, but the month of June has mostly defied this. With Dogecoin mostly ending June in the red over the years, the odds of this repeating itself again are high, as this report takes a look at the numbers. June Is The Worst Month For Dogecoin Dogecoin’s historical performance in June has been nothing short of disappointing, with more red closes in a row than any other month in its history. Data from the CryptoRank website shows that in the last 12 years, the Dogecoin price has only ended the month of June in the green for only two years. Related Reading: Pundit Shares Why Most People Will Miss The XRP Run Interestingly, the first month of June of its existence ended in a double-digit loss of 21.4%. Subsequently, the next two years would see June close in the green, with 29.3% and 31.6% returns, respectively. However, th
Read full articleDogecoin price trades near $0.086 after a 25% monthly drop as traders watch $0.085 support, $0.1019 resistance, and $0.067 risk ahead.
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Dogecoin has returned to a major long-term level on the monthly chart, setting up another important test for the meme coin after months of weak price action. The setup was initially noted by crypto analyst Trader Tardigrade on X, who argued that DOGE is now sitting at a critical resistance zone where previous rallies have […]
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