Dogecoin Mirrors Ethereum As Social Sentiment Tanks, Is A Price Crash Brewing?
Dogecoin currently boasts a bearish outlook, having dropped below the $0.30 psychological level and is now at risk of losing the $0.20 level. This bearish outlook is further strengthened by a drop in DOGE’s social sentiment, mirroring Ethereum, which has also suffered significant price crashes. Dogecoin Mirrors Ethereum As Social Sentiment Tanks In an X […]
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Dogecoin’s sentiment has reportedly reached its most negative level in over a year. Crypto analyst Ali Martinez (@ali_charts) shared the below chart illustrating the current landscape of Dogecoin’s social sentiment and noted: “Investor sentiment around Dogecoin is at its most negative in over a year. Historically, extreme fear has set the stage for major reversals. This could be a prime opportunity to be a contrarian.” What This Means For Dogecoin Within the chart, the red line—the Weighted Sentiment—now sits at approximately -0.93, marking the steepest negative reading in more than 12....
Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the country’s underlying economic problems. Crypto proponents see the issue as a vindication of their long-standing argument.
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Some social media users have derided Chinese authorities’ reported decision to deploy tanks around the central bank’s offices in Henan where bank customers have been protesting against the....
Over 51% of traders are currently shorting DOGE as market volatility triggers a major Dogecoin price crash to new lows. Despite experiencing a minor recovery after its decline, Dogecoin continues to struggle, exhibiting bearish momentum. Traders Short DOGE Amidst Dogecoin Price Crash The Dogecoin price has crashed again, losing more than 25% of its value […]
The flash crash that occurred last week shoot the crypto market. Top coins Bitcoin and Ethereum were down with the crash. And so was meme coin Dogecoin. Dogecoin, like most other coins, had spent the past month recovery from two-month lows when the crash had hit. Doge recorded losses of up to 18% with the […]
The Dogecoin price has crashed over 12% in the last day, providing a bearish outlook for the foremost meme coin. This price crash has occurred due to several factors including the bearish sentiment following the White House Crypto Summit. Why The Dogecoin Price Has Crashed Over 12% CoinMarketCap data shows that the Dogecoin price has […]