Dogecoin slumps $0.002 following previous session close at $0.082

Dogecoin is down to $0.08, after ending today at $0.082. Overall, a 2.56% loss or $0.002 today.

Despite drifting lower in the trading session, the short-term outlook has turned positive after the MACD moved above its signal line — typically a bullish indicator.

Overall, looking at the technical analysis landscape, it seems Dogecoin might start pointing upward in the short term.

In the meantime, negative performances are also seen in other markets, Cardano descends 2.33% to trade around $0.384.

Other assets are showing positive performances as FTX Token is up 9.54%. Ripple ascends 2.94% to trade around $0.525.

DOGE is currently trading with a market cap of 11.10 billion with an average daily volume of 363.45 million.