Dogecoin Price Slips as Pressure Mounts: Could a Breakout Be Next?

• Dogecoin price dropped 1.66% in 24 hours and erased its recent gains.
• Price climbed above $0.0940 before reversing sharply and settling near the $0.0913 zone.
• Dogecoin shows a tightening triangle, with resistance pressing lower and support holding firm.

Today, the crypto market traded lower, with many assets staying under pressure. BTC dipped 1.88% to $71,497.25, while ETH fell 1.59% to $2,205.77. BNB declined 1.6%, SOL dropped 2.17%, and XRP posted 0.96% loss.  Sentiment remained balanced, as the Fear and Greed Index held at 45, indicating neutral sentiment. In the meme coin space, so was the trend as Dogecoin price erased most of its weekly gain, pushing the price below $0.09134

Dogecoin Price Slides After Midday Rally Fades

Tracking the ongoing price trend at the time of press, CoinMarketCap indicates that Dogecoin traded at $0.09134 on the 24-hour chart, posting a 1.66% decline. The Dogecoin showed early movement around $0.0929 before the price slipped modestly into a brie...