Dogecoin is currently trading at $0.18, reflecting a 2.7% decline as it approaches the lower support level of the Bollinger Band. Technical indicators suggest that bearish momentum is building, indicating potential continued weakness for the cryptocurrency. The recent price movement has raised concerns among traders, as the $0.20 threshold has proven challenging to maintain. Analysts are closely monitoring the situation, as a sustained drop below the critical support could lead to further declines.
Last updated on October 17th, 2025 at 06:11 pm
