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Dogecoin price offers multiple sell signals as crypto pullback dims optimism for altcoin season
Dogecoin (DOGE) leads the retreat of meme coins, trading at $0.2251 on Friday. The decline reflects risk-off sentiment building after cryptocurrency prices generally rallied over the past three weeks, pushing the total market capitalization above the $4 trillion mark. If the sell-off persists in upcoming sessions, DOGE could slide below a recently broken descending trendline resistance and retest a robust support provided by several moving averages around $0.2000 zone on the daily chart. The overall rally in altcoins over the past three weeks saw a spike in the Altcoin Season Index, which peaked at 59 before ... (full story)
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