Dogecoin, a cryptocurrency that started as a joke, has gained immense popularity in recent years. Its recent price rejection has raised concerns among investors, indicating trouble for the cryptocurrency's future. The report by FXStreet suggests that if DOGE fails to maintain its current support level, it could suffer a significant drop of up to 30% in the next week. This article discusses the recent price rejection of Dogecoin and its potential implications for the cryptocurrency's future. Dogecoin's Price Rejection The recent price rejection of Dogecoin has left many investors worried about the cryptocurrency's future. The report by FXStreet indicates that the rejection occurred at a critical resistance level, and the failure to break above it could lead to a significant price drop. The rejection is a sign of weakness in the cryptocurrency's trend, despite being in a bullish trend for the past few months. Market Manipulation Cryptocurrency markets are notorious for being manipulated, and Dogecoin is no exception. The report suggests that some investors may be manipulating the market to drive down the price of DOGE so that they can buy it at a lower price. This market manipulation can occur in several ways, such as pump and dump schemes, false rumors, and news manipulation. Pump and dump schemes are one of the most common forms of market manipulation in the cryptocurrency market. They involve a group of investors artificially inflating the price of a particular cryptocurrency by buying a large amount of it, then selling it at a higher price once the price has increased. False rumors and news manipulation involve spreading false information about a cryptocurrency to create panic or hype, causing its price to fluctuate. These manipulations can have a significant impact on the market and the price of a cryptocurrency. Investment Risks Investing in cryptocurrencies comes with significant risks. Cryptocurrencies are highly volatile and can experience significant price swings within a short period. The value of a cryptocurrency can be affected by several factors such as market sentiment, news events, and technological advancements. Investors must conduct thorough research before investing in cryptocurrencies. It is essential to understand the technology behind a cryptocurrency, its use case, and the market trends before making any investment decisions. Investors should also be cautious when investing in cryptocurrencies and invest only what they can afford to lose. Dogecoin's Community Dogecoin has a large and passionate community, which has been a significant factor in the cryptocurrency's success. The community has been instrumental in promoting the cryptocurrency and creating awareness about its use case. The community has also been actively involved in charity initiatives, which has helped increase the cryptocurrency's popularity.

1. Dogecoin’s Price Rejection Raises
Concerns of Potential 30% Drop in the
Next Week !
Dogecoin has been one of the most talked-about cryptocurrencies in recent years. The
cryptocurrency, which started as a joke, has seen its value skyrocket in recent months.
However, the recent price rejection indicates that trouble may be on the horizon for
DOGE.
According to a recent report , Dogecoin’s price rejection has left many investors worried
about the cryptocurrency’s future. The report states that if DOGE fails to hold its current
support level, it could see a significant drop of up to 30% in the next week.
The report notes that Dogecoin has been in a bullish trend for the past few months, and
many investors have been bullish on the cryptocurrency’s future. However, the recent
price rejection has left many investors worried about the cryptocurrency’s future.
Impact of rejection

2. Dogecoin’s price rejection is a sign of weakness in the cryptocurrency’s trend. The
rejection occurred at a critical resistance level, and the failure to break above this level
could lead to a significant price drop.
The report also suggests that the recent rejection may be a result of market
manipulation. Cryptocurrency markets are notorious for being manipulated, and
Dogecoin is no exception. The report suggests that some investors may be
manipulating the market to drive down the price of DOGE so that they can buy it at a
lower price.
Despite the recent price rejection, some investors remain bullish on Dogecoin’s future.
The cryptocurrency has a large and passionate community, and many believe that
DOGE has the potential to become a mainstream cryptocurrency.
Alert for Investors
Investors should be cautious when investing in Dogecoin or any cryptocurrency.
Cryptocurrencies are highly volatile and can be subject to significant price swings. It is
essential to conduct thorough research and invest only what you can afford to lose.
In conclusion, Dogecoin’s recent price rejection is a cause for concern for investors. If
the cryptocurrency fails to hold its current support level, it could see a significant price
drop in the next week. However, some investors remain bullish on DOGE’s future, and
the cryptocurrency’s large and passionate community is a positive sign. As always, it is
essential to be cautious when investing in cryptocurrencies and to conduct thorough
research before making any investment decisions.