Lately, I have been taking a closer look into Dogecoin, a cryptocurrency that started as a joke but managed to gather a huge fan base.
Despite Dogecoin’s vibrant community its price has been suffering a steep decline in the last few months, but will it keep going down or is it the perfect opportunity to join the Shiba Rocket?
There are four reasons to think that we could be close to the bottom:
1.- At 27 satoshis Dogecoin is near its all time low.
2.- There is very strong support around 25-26 satoshis.
3.- Volume is also very low which could mean two things: a) Sellers don't want to sell at this prices or b) There aren't many sellers left.
4.- Dogecoin memes are still rocking the internet!
