Dogcoin 
$0.200169 (Doge) fell 1.97 percent in the last 24 hours and fell from $ 0.20 to $ 0.19. Sales from increasing volume increased the pressure on the largest Memecoin. Corporate investor exits, global trade tensions and interest uncertainty, and significantly weakened the risk appetite. In -day fluctuation price, which sees the bottom of $ 0.188, reveals that it is difficult to hold on the $ 0.188–0,190 dollars.
Price View in Dogecoin
Dogecoin moved on a narrow but volatile band (7.14 percent) of $ 0.01 during the day and went down to $ 0.188. The highest level seen during the transaction period was recorded as 0.203 dollars and the lowest level was $ 0.188. While the transaction volume increased at certain moments, the average 24 -hour volume was recorded as 385.67 million dollars. High -volume sales supported repetitive withdrawal from $ 0,202–0,203, which stands out as the resistance zone.
The volume in the $ 0.188–0,190 band where the sellers retreated to 667.44 million dollars and made a limited response and up to $ 0.194. In the last 60 minutes, which corresponded to the closing of August 2, the price decreased from 0.196 dollars to 0.195 dollars by 0.53 percent and caused a neutral closing. Although the volume fell during the fall, it remained above average.
Macro winds are forcing memecoins
The price of DogecoinThe weakness in the weakness is not only due to technical signals. With the expiry of the mutual customs tariff agreement, the fact that 92 countries faced higher taxes disrupted the global risk perception and accelerated the output of volatil crypto currencies. In particular, uncertainty about the export appearance of developing markets has increased risk premiums and reorganized the portfolios of institutions. At the same time US central bankWednesday, the Fed) leaving the interest rate constant in September, limiting the perception that the reduction will be reduced by increasing the pressure on the crypto currency market.
Investors are now closely monitored whether Dogecoin can maintain $ 0.19 support. The strengthening of $ 0.202 dollars resistance increases the likelihood of unsuccessful rise. Liquidity shifts to safer coins from breast -based coins and profit purchases in options positions pave the way for voluminous fluctuations. This raises the uncertainty by leaving Dge Coin open to harsh movements in both directions.
CryptoappsyAccording to the data of the Dogecoin news, the last 24 hours decreased by 1.94 percent to the last 24 hours is traded for $ 0.1966.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
