Dogecoin Price Analysis: Dogecoin drops to $0.288, now targets $0.300

TL;DR Breakdown Dogecoin price analysis is slightly bearish on the 24-hour chartDOGE/USD has been trading with an intraday range of $0.2777 – 0.2972The MACD histogram indicates short red bars Dogecoin price analysis is slightly bearish on the 24-hour session after the meme-themed token underwent a 2.2 percent retracement overnight. The bulls attempted to overturn a descending channel during the final hours of yesterday’s session before finding rejection at the $0.31 mark.  Therefore, the coin opened the daily chart at an intraday high of $0.2900 but got pulled back into the $0.2777 zone a few minutes later. The market could go any side from here, but DOGE/USD technical indicators suggest that traders should expect losses in the next 24 hours.  The cryptocurrency market is trading with mixed signals as we close the weekend. Bitcoin (BTC is down by 0.78 percent, Ethereum (ETH) lost 0.77 percent while Luna and Solana gained 18 and 8 percent respectively.  Dogecoin price analysis in the last 24 hours: DOGE/USD struggles to beat $0.3600 According to this Dogecoin price analysis, DOGE/USD has been trading with an intraday range of $0.2777 – 0.2972. The narrow range suggests volatility is mildly distributed across the 24-hour chart. On the other hand, Dogecoin’s total trading olume saw a 34.5 percent plummet since yesterday to a sum of $1.508 billion. Meanwhile, Dogecoin’s market capitalization is 2.10 percent down in the...