Dogecoin

Dogecoin price (DOGE) has been in a sideways movement for a week. The upward movement was interrupted at the high of $0.23.

Dogecoin (DOGE) has been consolidating above $0.18 support for the past four days. Bulls failed to break through the $0.21 resistance, forcing the cryptocurrency to resume a sideways move below the recent high.

Crypto billionaires, while sometimes not fully influencing the volatility of crypto assets, significantly affect the stability of the crypto market when they make jokes either on their social media pages or in front of cameras. Elon Musk, after suspending Bitcoin in May, he says he is thinking about reinstating it. Why do such billionaires confuse the crypto market?