Dogecoin (CRYPTO: DOGE) was trading mostly flat on Tuesday in a generally sideways trading pattern that has plagued traders and investors since May 13 and sucked the enthusiasm out of traders who are used to playing the crypto’s more-usual volatility.
Unfortunately, when Dogecoin fell to its low-of-day at the 8-cent mark, the crypto formed a lower low on the chart, which indicates the downtrend is still intact.
