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Dogecoin (DOGE) Price: Analyst Says DOGE Is Back in “Discount Zone”

Dogecoin (DOGE) Price: Analyst Says DOGE Is Back in “Discount Zone”

Photo: CoinCentral

TLDR DOGE trades near $0.0750 after falling about 25% from early-October highs near $0.10. The coin sits below the $0.0792 resistance level, with $0.068 as the next major support. Dogechain data shows weekly transactions down 41% from a year earlier. US Dogecoin ETFs have drawn about $15.1 million in total net inflows. Analyst Trader Tardigrade says the monthly oscillator is in a zone that marked a past bottom. Dogecoin (DOGE) traded near $0.0750 on Wednesday, November 4. The meme coin has slid about 25% since early October, when it was close to $0.10.

Source: CoinCentral

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