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Dogecoin Price Tests Panic Zone At $0.21, Breakdown Could Lead To Price Crash :
Dogecoin is currently showing signs of selling pressure after shedding much of the bullish momentum it had gathered in late April and early May. Technical analysis of the Dogecoin price shows that the meme cryptocurrency is precariously hovering just above a key support level that puts it one step away from a downtrend.
Crypto analyst RLinda noted this level, set at $0.214, on the TradingView platform, labeling it a retest of the panic zone.