Cryptos are losing some ground today after an intense rally that began July 1st.
If you’re a trader, this is a time to be patient. We just experienced three weeks filled with incredible opportunities, so it’s natural to see some profit taking.
One market that is setting up nicely this month is DOGEUSDT. That may come as a surprise to some, but I can’t deny how appealing the chart looks.
However, proper timing is essential. So I’ll discuss what I’m watching on the DOGE chart and provide updates on BTC, ETH, WOO, and others.
Dogecoin’s Role in Crypto Culture
I never thought I’d be writing about Dogecoin. For a long time, I thought it was a joke, and it is quite literally.
But I always felt it was better to spend my time on coins with actual utility. And I still believe that for the most part.
However, like it or not, Doge plays an essential role in crypto culture. It was created as a joke, and that’s okay because it isn’t trying to be anything else.
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