After four days of declines, DOGE is up $0 today

Currently trading at $0.062, DOGE remains range-bound between $0.061 and $0.062.

Dogecoin made an initial breakout above its 3 day Simple Moving Average at $0.062, a potential indicator of a newly emerging bullish phase. Dogecoin's lower Bollinger Band® is at $0.06, indicating that the market is oversold and fertile for new buyers. In contrast, Dogecoin price action is currently oscillating around the $0.062 resistance level with prices moving above and below several times during the session.

Dogecoin 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: FTX Token added 9.54% to its value, now trading at $1.36. Having closed the previous session at $0.722, Tezos USD is up 2.87% today to currently trade at around $0.743. TRON gained 1.03% and is currently trading at $0.072.

Approximately 7 months ago, DOGE reached a significant high of $0.142 but has struggled to hold onto its gains and declined 56.77% since then. Dogecoin is currently trading with a market cap of 8.65 billion with an average daily volume of 255.55 million.