As of March 30, Dogecoin’s price has dropped to 0.1673 USD amidst a broader market downturn. The token saw a 14% decline this month, reflecting a decrease in retail interest and social media discussions.
Technical evaluations show DOGE is testing support near 0.1700 USD, with lower targets like 0.1529 USD and 0.1427 USD possible if the downward trend continues. Conversely, a rise above 0.1728 USD could signal a more bullish outlook.
Recent competitive pressures from tokens like Remittix (RTX) pose challenges for DOGE’s market standing, while analysts speculate about its potential to rally back to 1.00 USD if positive market volumes return.