It sure is fun trading when the Bulls come back in the market, but as it looks right now the bears are too strong for the dog.
The price just broke the support line, it will more likely continue fall till the area with bull's wich is the "key support" line. In case of breaking through the support area, that would be a really bad sign for the dog.
Dogecoin is a funny coin, people keep making fun of it. Well it is a fun currency after all. If anyone said last year January that Dogecoin would still be worth the value it is today, people would laugh. I have never been a big fan of this coin and i don't think on the long run they will stay in top 50 coins.
Disclaimer: Trading has a high risk level and may not be suitable for all investors. Before you decide to invest, carefully consider your investment goals and risk willingness. The possibility is that you can sustain a loss of some or all of your initial investment and therefore you should not invest money that you can not afford to lose. You should be aware of all risks associated with currency trading and seek advice from an independent financial adviser if in doubt. I'm not a financial advisor and there is also no content in this article that is presented as financial advisory.
