Why is Dogecoin value down in the present day?

The value of Dogecoin (DOGE) is down in the present day, mirroring tendencies elsewhere within the cryptocurrency market.

On Nov. 28, DOGE’s value dropped over 3.5% to $0.076, underperforming the crypto market, which fell by round 1.25% in the identical interval. The memecoin’s value decline is a part of a broader correction that has witnessed almost a 12.5% retreat in over per week.

Bearish divergence

Rising dominance

Psychological resistance

DOGE whales promote

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