Crypto
Dogecoin Stuck Near $0.08 as Bulls and Bears Wait for Catalyst
The price of Dogecoin has been stuck near $0.08 for some time now, with bulls and bears locked in a standoff.
All major EMAs across daily, hourly, and 15-minute timeframes are converging at that level.
Despite short-term RSI readings showing growing bullish pressure, the daily MACD remains flat at zero across all timeframes, indicating no momentum confirmation for either direction.
The Fear & Greed Index reads 50 (Neutral), reflecting a risk-off tone with capital not rotating aggressively into altcoins.