Dogecoin Eyes Next Measured Move to Upper Resistance

Dogecoin has bounced off its lower channel boundary for the second time on the 4-hour timeframe, setting its sights on $0.093 as its next measured move to upper resistance.

The price of DOGE is currently holding steady at $0.08 while the MACD registers a bullish golden cross at -0.0, indicating building momentum despite the broader trend being capped by the EMA50 at $0.09.

As traders await a potential swift extension inside the Bollinger band towards the $0.09 upper band, DOGE price prediction models now factor in the clean double-touch support and neutral RSI at 47.27.