Dogecoin technical indicators suggest possible price drop as Mutuum Finance pushes development forward

Recent technical signals surrounding Dogecoin have hinted at a potential price decline, with the asset still trading 88% below its all-time peak. At the same time, decentralized finance project Mutuum Finance (MUTM) continues to advance development of its lending protocol, expanding features and testing its ecosystem as it moves forward with its roadmap.

Dogecoin tests $0.088 support as bearish signals grow

Dogecoin is facing pressure after failing twice to break the $0.10 resistance level since late February.