Unlike the entire crypto space, doge is consolidating and isn't dumping. It will have to breakout within the next day. Some possible scenarios:
1. Breaks out with low volume and heads sidways
2. Breaks out with high volume and meets past resistance.
3. Breaks down and corrects
In my opinion, 2. is the most likely scenario. Buyers are holding the price at key levels of support but the volume on both sides seem to be somewhat equal.
1. Breaks out with low volume and heads sidways
2. Breaks out with high volume and meets past resistance.
3. Breaks down and corrects
In my opinion, 2. is the most likely scenario. Buyers are holding the price at key levels of support but the volume on both sides seem to be somewhat equal.