Can Bulls Breakthrough as DOGE Surges Above $0.08181? – Cryptopolitan
Dogecoin has seen an uptrend over the past 24 hours, breaking through resistance at $0.08188 and hovering around $0.08181. This follows several days of narrow range trading and bearish sentiment, but the bulls have managed to gain momentum and push the price higher. The volatility indicator, Bollinger bands, shows a high degree of divergence and a slightly bullish trend in the short term, while the Relative Strength Index (RSI) is balanced and the moving average (MA) indicates a bullish trend. The market capitalization of Dogecoin is currently at $11.36 billion. The potential resistance level at $0.08188 could be critical for the bulls in their attempt to push the price higher. Dogecoin’s 4-hour price chart shows a potential bullish market, with the moving average indicator, Bollinger bands, and RSI all indicating positive trends. If bullish support continues, it is expected that the Dogecoin price will break above the resistance level and continue to rise.
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