DOGE is range-bound between $0.071 and $0.072 today after shedding $0 and closing at $0.072 today.
Dogecoin is currently alternating around $0.072 with price action moving above and below this key level throughout the session. Bollinger Bands® shows an indication of recovery: the lower band is at $0.069, a low enough level to, generally, suggest that DOGE is trading below its fair value.
Technical analysis shows that DOGE (currently on a downtrend) might reverse course and start going up in the short term.
In the meantime, negative performances are also seen in other markets, UNICORN Token USD is down $0.197 from the beginning of the session and now trades around $6.43.
Positive performances can be seen by looking at other markets as FTX Token is up 9.54% to $1.36. TRON gained 1% and is now trading at $0.076.
Having soared to a high of $0.142 approximately 6 months ago, Dogecoin is now trading 49.2% lower. Dogecoin is currently trading with a market cap of 10 billion with an average daily volume of 262.31 million.