Summary: The popular crypto asset, Dogecoin (DOGE), may be facing a potential dip as indicated by the Bollinger Bands indicator. This technical analysis tool suggests that DOGE's price is currently below the moving average and could drift towards the lower band. The data indicates a greater chance of a decline rather than a recovery, with a potential 20% drop being the main scenario. However, if DOGE can close the week above the median, it may signal strong bullish momentum and a chance for a 20% rise in the future.



Other News from Today