Despite the recent downturn in the broader crypto market, analysts are advising against selling or shorting Dogecoin. They believe that the current dip in price is part of a larger bullish trend for the meme coin. The analysis suggests that Dogecoin is still in the process of testing the apex of its ascending triangle and could potentially rebound to new all-time highs of around $0.9500. However, if Dogecoin loses its support level at $0.3435, it could see lower prices around $0.2730. Currently, Dogecoin is trading at $0.3340, down 3% in the past day.



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