• Dogecoin (DOGE) has dropped back after an attempt to push back to the north of the $0.076 level earlier in the day.
• News of Dogecoin whales moving significant amounts of tokens off of Binance and into self-custody has failed to lift optimism in the Dogecoin market.
• Dogecoin bulls will be hoping the cryptocurrency can continue to find support to the north of the $0.072 support area, as a break below it could open the door to a fresh drop back towards Dogecoin’s late 2022 lows in the $0.066 area.

Dogecoin Price Prediction

Dogecoin (DOGE), the cryptocurrency that powers the Dogecoin blockchain, has dropped back after an attempt to push back to the north of the $0.076 level earlier in the day due to a spike in US dollar and US yields combined with downside in US stocks following hawkish remarks from Fed Chair Jerome Powell warning that interest rates could go higher than expected if inflationary pressures remain too hot. The crypto was last changing hands around $0.074, down around 1% on session and finding support at weekend lows in $0.072s.

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