Dogecoin
Why Dogecoin is down 1.5% today
Analysis
Dogecoin (DOGE) slipped about 1.5% over the past 24 hours amid a narrative shift toward potential outperformance elsewhere in the meme-coin/altcoin space. U.Today highlighted a technical setup in Bitcoin Cash suggesting an upside Bollinger Bands signal that could βdethroneβ Dogecoin in relative positioning, which may have weighed on DOGE sentiment and contributed to modest selling pressure.
Contributing Factors (1)
Bitcoin Cash May Dethrone Dogecoin If Bollinger Bands Upside Signal Plays Out
Bitcoin Cash has outperformed Bitcoin, and with more upside ahead, it could flip Dogecoin in the rankings.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.