Based on Cryptofrontnews, Dogecoin is forming a Descending Broadening Wedge on the lower-timeframe (LTF) chart, with price action near $0.160. The pattern features widening swings between two diverging trendlines, as observed by Trader Tardigrade and BitGuru. The asset remains in a downtrend but shows short-term stabilization, with the price fluctuating within a tight range between $0.1545 and $0.165. CoinGecko data shows a market cap of $24.64 billion and a 24-hour trading volume of $2.00 billion.
Dogecoin Forms Descending Broadening Wedge on LTF Chart as Price Holds Near $0.160
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