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June 21, 2023
DOGE trades at $0.065 after gaining $0.002 (3.82%).
Dogecoin made an initial breakout above its 21 day Simple Moving Average at $0.065, a potential indicator of a newly emerging bullish phase. Price action remains constrained around the key Fibonacci level of $0.064 currently serving as resistance
Overall, looking at the technical analysis landscape, it seems Dogecoin might continue pointing upwards in the short term.
Dogecoin shows positive signs, other assets are also on par: having closed the previous session at $109.92, Bitcoin Cash is up 22.46% today to currently trade at around $134.62. Having closed the previous session at $28,283, Bitcoin is up 6.05% today to currently trade at around $30,000. Having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36.
Dogecoin has fallen back around 55.62% over the past 7 months, from a notable high of $0.142. Dogecoin has a market cap of 9.16 billion with an average daily volume of 259 million.
