After five days of declines, DOGE is up $0.001 today

Small gain for DOGE at $0.072 after ranging between $0.071 and $0.072 today.

Dogecoin made an initial breakout above its 3 day Simple Moving Average at $0.072, a potential indicator of a newly emerging bullish phase. Dogecoin's lower Bollinger Band® is at $0.069, indicating that the market is oversold and fertile for new buyers. Despite this, DOGE could be slowing down soon as it approaches resistance at $0.074. Of course, crossing it might suggest further gains are ahead.

DOGE continues to move higher with technical analysis indicating the trend will continue in the short term.

DOGE shows positive signs, other assets are also on par: having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. EOS rises 5.07% to trade around $1.18. Having closed the previous session at $5.6, Polkadot is up 3.16% today to currently trade at around $5.78.

Dogecoin has shed 27.71% over the past three months. DOGE is currently trading with a market cap of 9.57 billion with an average daily volume of 355 million.