Dogecoin Price Analysis: DOGE retraces back below $0.31, will it dash back as the weekend approaches?

TL;DR Breakdown Dogecoin price analysis is bearish on our 24-hour chartDOGE/USD traded between the range of $0.2939 – $0.3122 Dogecoin Price Analysis: General price overview Dogecoin price analysis is bearish on our 24-hour chart following a downside that took place at the close of yesterday’s session. The meme coin dropped from $0.3100 to $0.2988. Thereby activating sellers who have not been persistent for the last one week.  Meanwhile, the bulls attempted to recover the price and signed off a daily high at $0.3120 before facing rejection at that point. Bearish momentum pulled Dogecoin price action to a higher low of $0.2954 once again and further pulled it to an intraday low of $0.2939.  Overall, the cryptocurrency market has been trading in the bearish zone for the last two days. The majority of the coins lost momentum over the last 24 hours. Market leaders Bitcoin and Ethereum shed 1.79 and 2.02 percent, respectively. However, Solana, Dogecoin, and Cardano gained 11.00 percent, 1.00 percent, and 6.95 percent, respectively. Thereby making Solana the hottest gainer of the day. Dogecoin price movement in the last 24 hours: Dogecoin downside correction below $0.31 On our Dogecoin price analysis today, DOGE/USD traded between the range of $0.2939 – $0.3122 in the last 24-hours. Trading volume for the coin dropped by 4.4 percent to a total of $5.6 billion. On the other hand, the total dogecoin market capit...