$DOGE ‘post-halving wave’ coming? Why DOGE analysts are bullish - AMBCrypto Analytics

DOGE moved above the 9-day Simple Moving Average (SMA) at press time, indicating short-term upward momentum. This followed a period of consolidation around the $0.100000 mark in late June. 

The Moving Average Convergence Divergence (MACD) indicator supported this outlook. The MACD line has crossed above the signal line, forming a bullish crossover.

The histogram was in positive territory at the time of writing, suggesting that buying pressure was building.

At press time, the Relative Strength Index (RSI) was at 55.52 — above the neutral 50 mark but still below the overbought threshold of 70.

This indicated moderate bullish momentum without the risk of immediate pullback due to overbought conditions. 

The RSI trend suggested increasing buying interest, which could lead to further price gains if sustained.