Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Dogecoin (DOGE) fell to a three-month low on Tuesday, as traders continued to react to the news that the SEC had sued both Binance and Coinbase.
The Coinbase suit alleges that the exchange has been operating as an unregistered broker, whilst Binance has been accused of violating U.S. securities laws.
DOGE/USD dropped to a low of 0.06483 on the news, which is its weakest point since March 10.
The sell-off comes a day after the meme coin was trading at a peak of 0.07163, but it has gone on to drop by over 7%.
the decline came as the relative strength index (RSI) moved below a floor of 33.00
the index is deep in oversold territory and is currently tracking at 29.33.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:-Dogecoin (DOGE) fell to a three-month low on Tuesday, as traders continued to react to the news that the SEC had sued both Binance and Coinbase.
The Coinbase suit alleges that the exchange has been operating as an unregistered broker, whilst Binance has been accused of violating U.S. securities laws.
DOGE/USD dropped to a low of 0.06483 on the news, which is its weakest point since March 10.
The sell-off comes a day after the meme coin was trading at a peak of 0.07163, but it has gone on to drop by over 7%.
the decline came as the relative strength index (RSI) moved below a floor of 33.00
the index is deep in oversold territory and is currently tracking at 29.33.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
