Dogecoin Holds Support At 16 Cents As Bulls Defend Multi-Week Low
Shaurya Malwa, CD Analytics July 5, 2025, 5:45 am
Dogecoin steadied on Saturday after a sharp intraday decline, bouncing off a low of 16.1 cents to close around 16.3 cents. The 5% drop came amid broader market volatility driven by macroeconomic concerns and shifts in investor sentiment.
Despite the drop, DOGE showed signs of strength, with volume at support levels well above average, indicating potential accumulation as the market searches for direction.
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