It will be an interesting weekend for many cryptocurrencies, tokens, and assets alike. Despite a lot of positive momentum brewing, the hourly charts look increasingly bleak for all of the top markets. For now, the Dogecoin price has not lost any real value in the process, but that situation may change fairly soon. The losses in DOGE/BTC put a lot of pressure on this particular market as of right now.

Dogecoin Price Momentum can Sour Quickly

Although the weekend is usually a terrible period to trade cryptocurrencies, tokens, and assets, this week may offer something entirely different. A lot of traders will be pleased with the way things are going right now, primarily because most of these gains were completely unexpected at this time. Even so, the current profits could be wiped out rather easily, primarily because Bitcoin is looking pretty bleak on the hourly chart.

Over the past 24 hours, the Dogecoin price damage has been contained for the most part. In fact, the USD value has risen by 1.4%, which is a pretty interesting…

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Source: https://themerkle.com/dogecoin-price-comes-under-pressure-but-0-002-level-should-hold/