Dogecoin price analysis is pessimistic today, as a second decline was registered overnight, resulting in the next support at $0.26. We expect a reversal to follow if the support holds DOGE/USD from further depreciation, but we anticipate more downside until then.
A downside break through $0.28 earlier today has led to further losses, with the price now at around $0.26 as we approach the weekend. However, we think this is not a low for DOGE/USD and that we will see at least some gains now that DOGE/USD has broken through support at $0.28.