TL;DR Breakdown DOGE recorded a 21 percent drop in trading volumes to a total $6.4 billion.Our dogecoin price analysis is bullish todayThe market rank for the me me coin stands at number 7 Dogecoin Price Analysis: General price overview According to today’s bullish dogecoin price analysis, It is probable that Dogecoin will continue its uptrend today. The price dropped below $0.31 resistance which means it could have touched the $0.29 support any time after the decline. However, the bulls came to the rescue and the downswing bounced back above $0.32 in the early morning hours. In summary, we expect Dogecoin’s uptrend to continue and retrace itself at around $0.33 after touching a previous high at a similar momentum. The general blockchain market is undergoing a wild run this year after several sub-sectors are posting record fresh highs, namely decentralized finance, non-fungible tokens, two-layered scaling solutions and meme coins such as DOGE. Overall perfomance of the cryptocurrency market include a 3.09 percent and 4.71 percent loss for both Bitcoin and Ethereum respectively in the last 24 hours. Solana became the best gainer of the day after recording a 25 percent gain on the 24-hour chart. A price action that saw the scaling solution hit its all-time high at $70. XRP became the worst performer after shedding 9.08 percent of its value. Other altcoins such as ADA and BNB recorded minimal losses of up...
