Mixed sentiment leads Dogecoin cryptocurrency to trade sideways; establishes tight $0.073 to $0.073 range

Dogecoin trades at $0.073, after ending today at $0.073.

Dogecoin's upper Bollinger Band® is at $0.075, suggesting that a downward move may follow.

Despite the market lacking direction, technical chart analysis strongly suggests Dogecoin is positioned for a downward move in the near term.

While Dogecoin is pretty flat so far today, mixed performances are seen elsewhere as FTX Token is up 9.54%. UNICORN Token USD closed at $6.43 (down 2.98%).

Dogecoin has fallen back around 48.51% from the significant high of $0.142 set 6 months ago. DOGE is currently trading with a market cap of 10.21 billion with an average daily volume of 216.37 million.