Crypto
DOGE Holds Ground at $0.081 as Momentum Favors Continuation
The DOGE price has held its ground at $0.081, testing the 0.618 Fibonacci level multiple times without breaking through.
According to Trader Tardigrade, a rebound is now forming after this test, which suggests that momentum favors continuation in the market.
Both the EMA50 and EMA200 moving averages are currently acting as support zones for DOGE, with the RSI(14) remaining neutral at 62.0 and the MACD(12,26) printing a bullish golden cross at 0.0.
With volatility inside the Bollinger Bands still unresolved above the upper resistance at $0.09, a healthy retracement toward the 50-EMA support at $0.09 appears probable before any sustained push higher.