#ShibaInu: $BTC Why is Elon Musk silent? It's time to raise $DOGE to a new level

The current price of Dogecoin (DOGE) is $0.4377, the price has increased by +8.84% in the last 24 hours $SHIB $PEPE

The projected sentiment for the short-term outlook is bullish based on technical price analysis. The first major resistance of the upward trend for DOGE is at $0.4773, it needs to close above this level to continue moving upward, while the lower support is at $0.4378. Thus, if the price falls below $0.4378, we may see the price go even lower. On the other hand, if it can close above the $0.4773 level, it may rise to the next resistance level at $0.7304.

The 14-day Relative Strength Index (RSI) is currently at 62.35, indicating natural market conditions without oversold or overbought conditions. Similarly, the Relative Strength Index (RSI) on the weekly chart is at 38.58, which also indicates natural market conditions.

On the daily chart, the exponential moving averages show a bullish signal. The price of Dogecoin is currently above all 10, 20, 50, 100, and 200-day EMAs.#2024withBinance