Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin (DOGE) extended its own stay in bearish territory on Thursday, as the meme coin fell by as much as 5% today.
The decline saw DOGE/USD drop to an intraday low at 0.07305, less than 24 hours after peaking at 0.07703.
As a result of this sell-off, dogecoin has fallen to its lowest level since July 24, which is the last time price was trading at support of 0.07000.
Similar to XRP above, Thursday’s decline comes as a result of price strength falling below a floor at 51.00.
The RSI is currently at a reading of 50.23, with DOGE trading at 0.07339, which is marginally above today’s bottom.
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