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DOGE May Drop Back Below $0.05786 in the Next 24-48 Hours

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DOGE’s price climbed more than 2% over the past 24 hours according to CoinMarketCap. The meme coin’s weekly performance was still in the red at -14.65%. Technical indicators suggest that DOGE will drop back below $0.05786 in the next 48 hours. The price of Dogecoin (DOGE) seems to have recovered slightly from the crypto market onslaught that occurred over the past week. Together with many other cryptos, DOGE printed a 24-hour gain according to CoinMarketCap. Its 2.26% gain over the past day meant that the meme coin was trading at $0.06203 at press time. This recent gain was not enough to flip the altcoin’s weekly performance back into the green, however. DOGE’s price was still down more than 14.65% over the past 7 days. In addition, DOGE was able to outperform the crypto market leader Bitcoin (BTC) by 0.84% over the past 24 hours. DOGE was also trading closer to its 24-hour high of $0.06251, while it set a daily low of $0.0591. Over the past day, the meme...