Even though it appeared as if most cryptocurrencies would recover some of their lost value today, the momentum is already turning against the top currencies once again. So far, Dogecoin manages to retain its small gains over the past few hours, which is always promising. Whether or not it can sustain the value of $0.0023 is very difficult to predict at this stage.
After yesterday’s massive onslaught across the cryptocurrency markets, few people expected to see positive price changes just 24 hours later. Although there is still some green to be found across the board, most currencies are already retracing those gains in alarming quick succession. That further confirms there will be more negative market pressure moving forward, which is never something to look forward to.