Dogecoin (CRYPTO:DOGE) has been struggling to maintain its recent gains, evident from its recent price decline.

From a peak of $0.223 at the end of March, its value has fallen by 20%, with efforts to stay above the $0.2 support level proving futile.

Crypto analysts, including Ali Martinez, have emphasised this downturn, highlighting the challenges faced by Dogecoin in the volatile cryptocurrency market.

The trend indicates a tough period for the cryptocurrency, as attempts to rally above critical thresholds have met with limited success.