Mixed sentiment leads Dogecoin cryptocurrency to trade sideways; establishes tight $0.075 to $0.075 range

Dogecoin trades at $0.075, after ending today at $0.075.

With regards to technical trend indicators, chart analysis show that the Commodity Channel Index (CCI) indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Technical analysis indicates that a new, strong downtrend could be forthcoming with short positions favored. Asset volatility analysis shows that DOGE's upper Bollinger Band® is at $0.092 and the lower is $0.073.

Overall, technical indicators suggest Dogecoin has no obvious direction for the immediate future.

At the same time, mixed performances are seen elsewhere as FTX Token is up 9.54%. UNICORN Token USD is down $0.197 from the beginning of the session and now trades around $6.43.

DOGE has shed 26.08% over the past three months. Dogecoin is currently trading with a market cap of 9.92 billion with an average daily volume of 419.45 million.