Dogecoin
Why Dogecoin is down 1.3% in the last hour
Analysis
Dogecoin (DOGE) slipped about 1.3% over the past hour as trader attention shifted toward a potential upside technical setup in Bitcoin Cash, which was framed as possibly βdethroningβ DOGE in market prominence if the Bollinger Bands signal plays out. That narrative can weigh on DOGE sentiment in the short term by redirecting speculative interest away from DOGE.
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.