After five days of going down, DOGE is stable today, trading around $0.083

A mostly flat day so far for Dogecoin, ranging between $0.082 and $0.084; currently at $0.083.

Dogecoin made an initial breakout above its 3 day Simple Moving Average at $0.092, a potential indicator of a newly emerging bullish phase.

Despite muted price action in Dogecoin, chart analysis indicates it is positioned for a bullish run in the short term.

At the same time, mixed performances are seen elsewhere as FTX Token is up 9.54% to $1.36. Ripple is trading around $0.507 (down $0.006). NEAR Protocol is down to $2, losing $0, after closing at $2 in the preceding trading session.

Over the past 11 months, DOGE has retreated 46.28% from a noteworthy peak of $0.153. DOGE is currently trading with a market cap of 11.46 billion with an average daily volume of 886.17 million.