DOGE Price Under Pressure as Long-Term Holders Liquidate
DOGE Price Under Pressure as Long-Term Holders Liquidate
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Dogecoin is experiencing underlying weakness despite a recent rebound, with long-term holders actively selling. A critical price floor at $0.17 is threatened by a potential crossover of major moving averages, and a break below this level could quickly lead to $0.14.
Dogecoin’s brief rebound hides growing weakness underneath. Long-term holders are selling, and a looming crossover between major moving averages could test the $0.17 floor that has held since early October. If that level breaks, the path to $0.14 opens fast.