DOGE cryptocurrency trades up $0.001, approximately 0.9% higher going into tomorrow

Currently trading at $0.069, Dogecoin remains range-bound between $0.067 and $0.069.

Dogecoin made an initial breakout above its 50 day Simple Moving Average at $0.068, a potential indicator of a newly emerging bullish phase. On the other hand, note that DOGE's upper Bollinger Band® is at $0.07, this is a slight indication of a slowdown. DOGE could be slowing down soon as it approaches resistance at $0.069. Of course, crossing it might suggest further gains are ahead.

According to technical analysis, it looks as if Dogecoin likely to continue pointing upward in the short term.

DOGE shows positive signs, other assets are also on par: FTX Token jumps 9.54% to trade around $1.36.

At the same time, Litecoin is down to $107.14, losing $5.94, after closing at $113.08 in the preceding trading session. Bitcoin Cash stumbles 3.41% to trade around $288.5.

DOGE has shed 29.19% over the past three months. DOGE is currently trading with a market cap of 9.60 billion with an average daily volume of 277 million.