Crypto
TD Signal Flickers to Life Amidst Dogecoin Price Correction
Dogecoin has been trading within a narrow range of $0.08275 to $0.08592, with its market cap at $13.081B.
The recent correction in Dogecoin's price has led to mixed signals, with Bitwise shutting down its Dogecoin ETF, BWOW, citing evolving investor needs.
On a more constructive note, analyst Ali Charts pointed out that the TD Sequential indicator has flashed a buy signal on DOGE's 4-hour chart, suggesting the recent correction could be nearing its end.
If DOGE holds above the rising trendline and breaks the triangle's falling trendline with a strong 4-hour close and rising volume, the first target becomes $0.09182.