Dogecoin (
$0.082 ) traded lower over 24 hours leading up to early Tuesday morning alongside other major altcoins. DOGE fell along with Ethereum (
$2,474.20 ) , Cardano (
$0.20 ) , and Solana, although Bitcoin (
$76,905.00 ) was in the green at press time. Multiple analysts noted the reversal in Bitcoin ( $76,905.00 ) ’s trajectory on Monday, with Marcus Sotiriou, an analyst at GlobalBlock, noting that Bitcoin ( $76,905.00 ) ’s Relative Strength Indicator could suggest it’s time to buy. Benzinga’s Melanie Schaffer, however, noted that DOGE could be settling into a bear flag pattern on its daily chart, and if that is recognized, the cryptocurrency could drop. To negate that pattern, DOGE would have to reclaim the eight-day exponential moving average on its daily chart. DOGE was among the most mentioned coins on Twitter. Reflecting on gender-based buying in the coin, DOGE co-creator Billy Markus noted that Dogecoin ( $0.082 ) and NFTs have a lot of female holders. He took a dig at Bitcoin ( $76,905.00 ) maximalists, tweeting that “The maxis haven’t figured out that their white 20-to-45-year-old male club of sanctimony isn’t particularly inviting to the human race.”
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