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Dogecoin (DOGE) Price: Analyst Says Bottom Is Forming as DOGE Holds $0.075

Dogecoin (DOGE) Price: Analyst Says Bottom Is Forming as DOGE Holds $0.075

Photo: CoinCentral

TLDR DOGE trades near $0.075 after an October selloff pushed it below the $0.0792 support level. The daily RSI sits at 33.81, close to oversold, while MACD remains bearish but flattening. U.S. spot Dogecoin ETFs recorded zero net flows on Oct. 30, with cumulative inflows of $16.43 million. Weekly transactions fell about 45% year over year, and new addresses dropped about 61%. Dogecoin Labs launched Oct. 21, bringing MyDoge, DogeOS and Such App under one company. Dogecoin (DOGE) is trading around $0.075 on the Nov. 2 Binance daily chart. The meme coin is coming off an extended October selloff.

Source: CoinCentral

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