$DOGE has shown notable growth over the past six months, with its price surging by 207.62%. In the last month, it climbed 4.58%, reflecting steady progress, though the past week saw a 2.81% dip, highlighting short-term fluctuations.
Currently, Dogecoin trades between $0.36 and $0.46, close to its 10-day SMA of $0.38 and 100-day SMA of $0.40. The Relative Strength Index (RSI) is at 36.39, suggesting the coin is not overbought and retains room for upward movement. Meanwhile, the MACD sits slightly negative at -0.004012, indicating a potential trend reversal is near.
A breakout above the nearest resistance at $0.51 could push Dogecoin to the next level at $0.616, representing a potential 34% gain. Conversely, a drop below support at $0.31 could see prices decline to $0.21, marking a 41% loss. Traders are monitoring these critical levels for the next major move.
