Market Choses Stability Over Bull-run; Dogecoin Consolidates Accordingly

[Oxumare]

Dogecoin’s rebound has been fairly impressive after the mid-march market crash, and now, when the market is trading in a flattish pattern, the coin holds a stable sentiment. At present, the coin seems to be settling in its comfort zone around 38.20% to 61.80% fib level.

Bitcoin, which was about to hit the $10k price mark a week ago, has now slipped below $9k and this has invited bearish volatility to the crypto space, investors may have to wait and watch till the market picks up a steady upward pace. A large portion of investors is sticking to the ‘HODL’ position while even the top crypto coins are easily sliding into the selling zone these days.

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