The much-anticipated SNL (Saturday Night Live) episode hosted by Elon Musk aired last night and as I expected, Doge coin saw a massive sell-off at the same time.
If you remember from my previous episode (4 days ago), I was expecting a failure to reach $1 price levels and a selling pressure that will cause a speedy dump and this is exactly what happened. I just thought that the buyers will have more strength to carry the momentum to at least $0.80 but even this seemed too high a target for the #dogearmy (at least that’s how they call it).
Nevertheless, not everything is bad, there’s still a strong upside potential for Doge, as soon as it competes this corrective move.
I made a more-detailed analysis of Doge in today’s episode of the Crypto Corner Video Podcast, so take a look:
CRYPTO CORNER EPISODE 224
Market Analysis, Updates, News & Reviews
Recommended: 🎞”When To Sell” https://youtu.be/pPfHWEXlINk
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