Bullish Momentum Crosses Above $0.0760 Mark in a Spectacular Fashion – Cryptopolitan
Dogecoin has seen a strong comeback in the bullish side after unexpectedly surging past $0.0760, with potential for further increases in price levels. The 1-day chart shows the price levels have picked up speed and hit $0.0769, exceeding the moving average of $0.0749. The upper Bollinger band has hit $0.0784, and the neutral range’s center line has been crossed by the Relative Strength Index, indicating market buying activity. The 4-hour chart shows the price peaked at $0.0788 but reverted shortly after, the SMA 20 curve crossed above the SMA 50, and volatility is increasing. Further increases in price levels may occur if buyers keep flooding the market above $0.0769 and the support level at $0.0756 remains unchanged, while bears are also progressing with a potential for a reversal in trends.
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