Dogecoin Flashes Bullish Signal as Bitcoin Remains Range-Bound
Dogecoin has flashed a bullish weekly signal as Bitcoin remains range-bound between $63,000 and $66,000.
This comes after several weeks of heavy pressure on Dogecoin's price, but recent market action suggests the meme coin may be turning around.
The weekly chart shows improving technical signals for Dogecoin, with momentum indicators suggesting that selling pressure has eased and buyers have gained control near key support levels.
A clear move above $0.08 could strengthen bullish momentum, while a break below $0.07 could damage the recovery.