This Dogecoin Price Analysis was prepared by BNC’s Josh Olszewicz. DOGE was released on December 6th, 2013, emerging out of an effort to increase cryptocurrency adoption, understanding, and awareness. Originally inspired by the Shiba Inu meme, the cryptocurrency was created by Billy Markus, with the help of Jackson Palmer, who left the project in 2015.
Technicals for DOGE/BTC market suggest a near-term reversal as the spot price has continued to grind the historic low for several months. Further lower lows on the DOGE/BTC pair will likely meet buyers who expect the high-reward, low-risk level to act as expected. A move above 33 sats should be seen as a leading bullish momentum indicator.
Read the full analysis here
Dogecoin Price Analysis – 3rd April 2021