- The DOGE price is down despite high hopes from the crypto community.
- DOGE is trading at $0.0708 after a 4.28% drop in price.
- Charts have flipped bearishly as the daily RSI line is sloped negatively towards the oversold territory.
One of the cryptocurrencies in the red for the day is Dogecoin (DOGE). This comes despite the fact that many believed that the price of DOGE was getting ready to rally to levels above $0.08.
This does not seem to be the case as the crypto market tracking website CoinMarketCap indicates that DOGE is trading at $0.0708 after a 4.28% drop in price over the last 24 hours. The meme coin also weakened against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum (ETH), by about 3.98% and 3.86% respectively over the last day.
Also in the red zone is DOGE’s 24-hour trading volume which stands at $329,385,805 after a more than 14% drop since yesterday. With its market cap of $9,412,329,225, DOGE is currently the 8th biggest crypto in terms of market capitalization.
The post DOGE Disappoints After 4+% Price Drop In Just 24 Hours appeared first on Coin Edition.