Dogecoin is down 3.73%, trading at $0.068

Dogecoin drops from $0.07 to $0.068, losing $0.003 (3.73%) today.

Dogecoin has just crossed the lower Bollinger Band® at $0.068, indicating further losses could be forthcoming. In contrast, Dogecoin is oscillating around the $0.068 level serving as support. Despite being in the red so far in the current trading session, Dogecoin peaked above its 5 day Simple Moving Average around $0.07 — typically an early indicator of a new bullish trend beginning to emerge.

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for DOGE.

In the meantime, negative performances are also seen in other markets, Cardano dips 8.87% to trade around $0.321. Binance Coin is trading around $260.8 (down $20.2).

Positive performances can be seen by looking at other markets as FTX Token is up 9.54%.

Dogecoin has fallen back around 50.62% over the past 7 months, from a notable high of $0.142. Dogecoin is currently trading with a market cap of 9.44 billion with an average daily volume of 214.68 million.