The current state of Dogecoin is still shaky. Investors are expecting another decline. On August 20th, the price was $0.32. It then sharply declined for most of the week, hitting a low of $0.26. On August 27th, it’s stuck at $0.28. So, what is the future of Dogecoin?
Dodge coin breaks support and drops down further
The bulls were ready. Dogecoin started an uptrend on August 13th. It broke the $0.28 barrier the next day. This bullish trend went up for two more days. However, it struggled to hold the price above $0.35, triggering a bearish downturn.