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June 14, 2023A mostly flat day so far for DOGE, ranging between $0.062 and $0.062; currently at $0.062.
Dogecoin made an initial breakout above its 5 day Simple Moving Average at $0.063, a potential indicator of a newly emerging bullish phase. Dogecoin's upper Bollinger Band® is at $0.078 and the lower is $0.059.
Overall, looking at the technical analysis landscape, it seems Dogecoin might be pointing upward in the short term.
At the same time, mixed performances are seen elsewhere as FTX Token surges 9.54% to trade around $1.36. Binance Coin added 2.2% to its value, now trading at $249.37. Ripple is trading around $0.511 (down $0.009).
7 months ago Dogecoin reached a significant high of $0.142 but has consequently lost 56.55% since then. DOGE has a market cap of 8.63 billion with an average daily volume of 256.45 million.
