Ripple CEO Throws Shade at Dogecoin, Price Takes a Hit
- Dogecoin’s increased trading volume hints at heightened market interest despite recent price volatility.
- Key support for Dogecoin lies at $0.141, with critical resistance at $0.148 and $0.150 in the near term.
- RSI nearing oversold territory and MACD below the signal line indicate a bearish short-term outlook for Dogecoin.
Ripple CEO Brad Garlinghouse recently voiced skepticism about Dogecoin (DOGE) and other speculative assets during the Consensus conference, sparking debate about the future direction of the cryptocurrency market.
“I don’t think $DOGE was a good thing for the industry” @bgarlinghouse at Consensus.
— EDO FARINA 🅧 XRP (@edward_farina) June 10, 2024
Brad has criticized speculative assets and for me is just an indicator that the utility market is the real deal$XRP pic.twitter.com/Y4WlzSZSE2
Dogecoin is currently priced at $0.1409, a 2.85% decline in the last 24 hours. The cryptocurrency’s price has been volatile, rising to $0.148 before declining, likely in response to market dynamics and increased trading activity. The 24-hour trading volume is $980.86 million, a 51.86% increase, indicating heightened interest amidst the price fluct…
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Ripple CEO Throws Shade at Dogecoin, Price Takes a Hit
- Dogecoin’s increased trading volume hints at heightened market interest despite recent price volatility.
- Key support for Dogecoin lies at $0.141, with critical resistance at $0.148 and $0.150 in the near term.
- RSI nearing oversold territory and MACD below the signal line indicate a bearish short-term outlook for Dogecoin.
Ripple CEO Brad Garlinghouse recently voiced skepticism about Dogecoin (DOGE) and other speculative assets during the Consensus conference, sparking debate about the future direction of the cryptocurrency market.
“I don’t think $DOGE was a good thing for the industry” @bgarlinghouse at Consensus.
— EDO FARINA 🅧 XRP (@edward_farina) June 10, 2024
Brad has criticized speculative assets and for me is just an indicator that the utility market is the real deal
Dogecoin is currently priced at $0.1409, a 2.85% decline in the last 24 hours. The cryptocurrency’s price has been volatile, rising to $0.148 before declining, likely in response to market dynamics and increased trading activity. The 24-hour trading volume is $980.86 million, a 51.86% increase, indicating heightened interest amidst the price fluct…
The post Ripple CEO Throws Shade at Dogecoin, Price Takes a Hit appeared first on Coin Edition.
Read More