The collapse of this major crypto lender could take a toll on Dogecoin price
— Endorsements, Slash, See another correction happen, Start, Knee jerk reaction, Another default, Dogecoin, Downturn towards, Attracting, Cryptocurrency sector remains battered — 1 min read
Dogecoin (DOGE) price is facing another batch of headwinds as a cryptocurrency service provider collapses and files for bankruptcy in the US. Voyager collapse is just one of the many, and probably not the last, triggering a cash outflow that outweighs the investor inflow. DOGE price sees bulls unable to trigger a bullish pop or knee jerk reaction; instead, price action trades sideways. The risk now comes that price action will start to come down and accelerate in its downturn towards $0.0484. With the fresh monthly S1, a break of that level could see bulls backing off entirely and opening up room for cutting the price in half. If traders can make price action jump another 10%, the 55-day Simple Source