Dogecoin Price Analysis: DOGE continues to retrace

Dogecoin price analysis is bearish today as a further downside was seen overnight, leading to the next support at $0.26. If the support can hold DOGE/USD from further downside, we expect a reversal to follow, until then, we assume more downside will follow.

The overall market traded in the red over the last 24 hours. Bitcoin lost 1.7 percent, while Ethereum declined by 2.46 percent. Meanwhile, Dogecoin is among the worst performers, with a loss of 6 percent.

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