April 8, 2025
DOGE Continues To Struggle
DOGE is feeling the impact of global market instability, with U.S. President Trump’s tariff strategy adding to the pressure. CNBC’s Jim Cramer warned of a potential ‘Black Monday’ sell-off if Trump doesn’t reconsider his policies.
Source: TradingView
Cramer highlighted that retaliatory tariffs, especially from China, are adding to market uncertainty. “We’ll know by the end of Monday,” he said.
Can DOGE Recover?
Dogecoin’s technical outlook looks bleak, having fallen below the $0.15 support. A death cross pattern and bearish signals from RSI and MACD suggest further downside potential. If it doesn’t recover to $0.15 soon, DOGE could test $0.10.
Meanwhile, Bitcoin (BTC) is testing its $75,000 support, Ethereum (ETH) is down 18% to $1,469, and Ripple (XRP) is holding at $1.70. The total crypto market cap has also dropped 12.5%, now sitting at $2.46 trillion.
