tl;dr
Dogecoin has experienced a 22% drop in the last 24 hours amidst a broader market crash. A significant whale moved 177,528,741 DOGE tokens worth $11 million to Robinhood, suggesting potential panic-selling. Robinhood implemented a 24-hour trading halt for stocks and crypto amid market volatility. Dog...
Dogecoin experienced a 22% drop in the last 24 hours amid a broader market crash. This decline, combined with a large token transfer to Robinhood and market volatility, indicates a bearish trend, with the coin down 40% in seven days and 88.4% from its all-time high. This signals significant selling pressure and oversold conditions.
A whale moved 177,528,741 DOGE tokens worth $11 million to Robinhood, suggesting potential panic-selling. Robinhood also implemented a 24-hour trading halt for stocks and crypto amidst market volatility.
Dogecoin's trading volume surged 155.26%, indicating traders are anticipating further decline. Over the past week, Dogecoin has crashed almost 40% and is currently trading at $0.08273. The coin has formed ten consecutive daily bearish candles, confirming a short-term downtrend. The Relative Strength Index (RSI) indicates high selling pressure and oversold conditions, with potential opportunities for market entry.
More about Rush Street Interactive Inc
Rush Street Interactive Inc
Rush Street Interactive, Inc. is an online casino and sports betting company in the United States and Latin America. The company is headquartered in Chicago, Illinois.
Industry: TRADE & SERVICES
Sector: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION
Market Cap: 2314624000
Dividend Yield: None
EPS: -0.09
P/E Ratio: 10.78
ROE: -0.0084
Volume: 801545000
Stock Price: 12.66
52-Week Change: 0
52-Week High: 0.888