Dogecoin gets off to a weak start; down 0.47% this morning to $0.071

Trading lower, Dogecoin is currently down $0 as it ranges between $0.071 and $0.072 so far today.

Dogecoin's upper Bollinger Band® is at $0.075 which indicates a further downward move may follow. On the other hand, note that

Overall, looking at the technical analysis landscape, it seems Dogecoin is likely to start pointing downward in the short term.

In the meantime, negative performances are also seen in other markets, Cardano slips 2.49% to trade around $0.365. Bitcoin is down $436.58 from the beginning of the session and now trades around $26,800.

Positive performances can be seen by looking at other markets as FTX Token is up 9.54%.

DOGE has fallen back around 49.58% from the significant high of $0.142 set 6 months ago. Dogecoin has a market cap of 9.96 billion with an average daily volume of 208 million.