Dogecoin Hits Resistance as Elon Musk Shakes Up U.S. Politics
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 07 2025Dogecoin Resistance Levels: Dogecoin is facing significant resistance at $0.18, $0.21, and $0.36, with on-chain data indicating potential sell zones as many holders may exit their positions around these levels, putting downward pressure on its price.
Elon Musk's Political Impact: Elon Musk's formation of the America Party has introduced uncertainty in the political landscape, potentially affecting market sentiment and raising concerns about splitting Republican votes in the upcoming elections.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
