That’s A Bad Dog! Dogecoin Breaks Major Psychological Level, So What’s Next

Dogecoin (CRYPTO: DOGE) was plunging 11% lower during Saturday’s 24-hour trading session, which Benzinga called out as the most likely scenario on Friday due to a bearish lean on the crypto’s inside bar pattern. The Shiba Inu-themed crypto fell below the important psychological support level at 5 cents on Saturday, and future price action could become even more grim.