Key Notes

Dogecoin price 50-day and 200-day EMAs have formed a “Death Cross,” confirming weakening momentum.

DOGE whales have offloaded roughly 1.05 billion DOGE, worth over $180 million, in the past week.

Some analysts remain optimistic despite the selloff, projecting 800% upside for DOGE in the current market cycle.

The world’s largest meme coin Dogecoin (DOGE) has come under a strong bearish grip, falling 7% over the past week, and is currently flirting with $0.18. Furthermore, the daily trading volume for DOGE has tanked by 51%, and is currently at $1.34 billion. Market experts believe that the Dogecoin price is currently in a do-or-die spot.

Dogecoin Price Tests Final Support Before Crash

Crypto analyst Ali Martinez highlighted that $0.18 is a key support level for Dogecoin pric

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