Bullish momentum surpasses $0.0760 in a spectacular manner – Cryptopolitan
The latest Dogecoin price analysis shows that the cryptocurrency is experiencing a strong bullish comeback as it surged past $0.0760, surpassing the moving average of $0.0749. This price level is significantly higher than last week’s bearish trend. The upper Bollinger band has hit $0.0784, while the lower band has reached $0.0705, indicating a decline in volatility. The RSI score is currently at 60, with the Bollinger bands’ convergence suggesting small market fluctuations in the future. The SMA 20 curve has crossed above the SMA 50, which is a bullish indication for the market. If buyers continue to acquire more assets, a further increase in price levels is anticipated above $0.0769. However, the bears are also progressing, and a reversal in trends can be expected if the support level at $0.0756 changes.
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