DOGE previous cryptocurrency forecast was based on a high probability that the price would fall to $0.1. However, the fall wave was so strong that the price broke the liquidity zone and set a local low of $0.0689. The last time such an aggressive weekly candle was in May 2021 at the beginning of the fall. The worst for DOGE cryptocurrency may be yet to come. It should be understood that the sharp momentum of the fall of 9 May lowered the DOGE price by more than 40%. At the same time, the weekly trading volumes are not high. Buyers do not keep the price and do not put up much resistance in the big timeframe. Therefore, if buyers do not take control of the $0.1 range by the end of May, we will see the DOGE price continue to fall to the next $0.05 target. Technical Analysis Of DOGE On The Daily Timeframe https://www.tradingview.com/x/sTK8GHzO/ Analyzing the DOGE price movement on the daily timeframe, you can see the beginning of the price slowdown near the mark of $0.077. Yes, during the panic sales, sellers managed to break this mark twice in two days. However, buyers buy DOGE in large quantities, not allowing sellers to take control. The trading volumes are similar to the volumes from 26 April. On this day, the reversal of the DOGE market began. Though, even given the daily brake candles, high trading volumes, and an interesting liquidity range, buying DOGE now is quite risky. The fact is that the BTC price has updated local lo...
