Dogecoin Enters Danger Zone — Chartist Predicts Sharp Drop Ahead

Dogecoin slipped toward the lower end of its month-long range on Tuesday as independent chartist Quantum Ascent delivered a granular breakdown of why he believes the meme-coin is part-way through a corrective cascade that could end in the high-teen-cent zone. At mid-afternoon in Europe the token hovered at $0. 228, nearly 12% below its May 11 peak and nursing modest intraday losses. Dogecoin Enters Danger Zone Reviewing the daily chart, the analyst rewound to the explosive move that began on May 8 and produced a 50% three-session surge: “Last time we checked in over here on May 8, when we got this big green candle, we said, guys, looks like we’re kicking off our fifth microwave here,” he reminded viewers source: https://www.newsbtc.com/news/dogecoin/dogecoin-danger-zone-sharp-drop-ahead/