Dogecoin Expected To Experience A Further 6% Decrease Prior to Initiating Recovery

In recent weeks, Dogecoin has faced a downward trend in its price momentum, largely due to the emergence of PEPE coin, which has overshadowed its popularity. Over the past 24 hours, DOGE has shown limited upward movement, with a mere 1% increase. The meme-coin has experienced a significant decline in price, indicating a prevailing bearish control.
The technical outlook of Dogecoin showed that bears are currently influencing its price. Both the demand and accumulation have dipped, suggesting a de