Dogecoin Faces Moment Of Truth: Will It Hold The Line Or Freefall?

Dogecoin is once again in the hot seat as the meme coin tests a multi-year trend line that dates back to the heady days of 2021. Both the daily and weekly charts underscore the significance of this zone, with the market hovering dangerously near a juncture that could determine whether the current price collapses by another quarter or stages a dramatic rebound. Dogecoin Could Plunge Further On the weekly chart, the trend line slants downward from the historically elevated levels near last cycle’s top and converges with the 0. 786 Fibonacci retracement at around $0 source: https://www.newsbtc.com/news/dogecoin/dogecoin-moment-of-truth-hold-freefall/