DOGE Soars on Renewed Interest, But Can It Keep Climbing?

Dogecoin (DOGE) has surged to near $0.086 over the past week, fueled by renewed interest from both retail and institutional traders.

The price of DOGE climbed more than 22% in a short period, with inflows to US-listed Dogecoin ETFs reaching new highs.

A key technical indicator, the Relative Strength Index (RSI), has entered the overbought zone, signaling stretched momentum.

Despite this, trend signals from other indicators remain constructive, suggesting that bulls still have control in the market.