Dogecoin continues a six day positive streak and is up $0.002 to $0.093

After closing the previous trading day at $0.091, DOGE went up to $0.095 only to drop back; still positive overall today, now trading at $0.093.

Despite posting gains so far today, Dogecoin slid below its 5 day Simple Moving Average at $0.089 in earlier trade — an early indicator that a negative trend could be emerging. Dogecoin's upper Bollinger Band® is at $0.098, this is a slight indication of a slowdown. In contrast, DOGE price action is currently oscillating around the $0.092 resistance level with prices moving above and below several times during the session.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates DOGE is set for a reversal in the coming days.

DOGE shows positive signs, other assets are also on par: FTX Token is up 9.54%.

At the same time, Bitcoin is down $750.05 from the beginning of the session and now trades around $29,550. After ending today's session at $0.235, Algorand USD lost $0.009 and is trading around $0.226.

This year has been a bright one for Dogecoin after trading as low as $0.053 and going on to appreciate by 28.51% year to date. Dogecoin has a market cap of 12.92 billion with an average daily volume of 924.52 million.