With all major currencies still under a fair bit of pressure, it seems there will not be any bullish market momentum for the foreseeable future. Considering how all markets rely on Bitcoin in one way or another, things are not looking too great right now. The Dogecoin price, while usually remarkably stable, is facing an onslaught as well. Its value dropped below $0.002 again and the 50 Satoshi level may not remain in place for much longer either.
Dogecoin Price is Struggling for Traction
It has quickly become apparent the bearish trend which began shaping up yesterday is not a short-term setback. Although the markets are showing minor attempts of turning bullish once again, it seems rather unlikely there will be any positive momentum to speak of. No market is capable of escaping this negative pull of Bitcoin, not even Dogecoin….