After closing the previous trading day at $0.075, DOGE is up to $0.076, which makes for a move of 0.88%/$0.001 today.
The MACD index is indicating that momentum is shifting from bearish to bullish following a positive crossover. When the MACD rises above the signal line, it is typically considered to be a bullish development favoring long positions.
Overall, looking at the technical analysis landscape, it seems DOGE might continue pointing upwards in the short term.
Other markets are also showing gains as FTX Token soars 9.54% to trade around $1.36. TRON is up 1.02%. Bitcoin gained 1.03% and is now trading at $25,000.
Dogecoin has fallen back around 53.16% over the past 11 months, from a notable high of $0.16. DOGE is currently trading with a market cap of 10 billion with an average daily volume of 363.45 million.