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Dogecoin (DOGE) Price Drops 5% as Volume Surges, Key Support at Risk
Dogecoin (DOGE) took a hit on Monday, falling 5% over 24 hours as trading volume exploded. Traders are watching to see if the meme coin can hold above $0.198 or slide further to $0.185. DOGE had a rough day, dropping from $0.21 to $0.20 between August 4 at 21:00 and August 5 at 20:00. The coin bounced around in a $0.013 range, hitting lows of $0.198 and highs of $0.211. Things got wild at 14:00 on August 5 when volume exploded to 877.9 million — almost four times the usual daily average of 268.85 million. This massive selling pushed DOGE below the important $0.201 support level. DOGE ended at $0.1985, unable to ... (full story)
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