- Dogecoin price continues to produce lower lows on a four-hour time frame.
- As DOGE approaches the $0.073 support floor, investors can expect a decent bounce to $0.087.
- However, a breakdown of the $0.073 barrier could lead to a 14% descent to $0.062.
Dogecoin price slipped up as Bitcoin price triggered a sudden crash on May 26. This downswing, while serving as a great opportunity to accumulate DOGE, failed to recover alongside BTC.
However, denoting the capital rotation away from altcoins, including Dogecoin, is the recent tweet from the Tesla CEO Elon Musk. Often, tweets from Musk including DOGE has caused the price to rally, but despite the recent mention, the dog-themed crypto seems to have remained unaffected.
Dogecoin Trillionaire, the Movie
— Elon Musk (@elonmusk) May 26, 2022
