đ Dogecoin (DOGE) is showing strength and seems determined to reach new yearly highs. Let's analyze some technical indicators that could explain the increase in its price today:
1. Imminent new yearly high: Buyers came in hard at the support at $0.13, and now the price is in a sustained uptrend, ready to test the key resistance at $0.21.
2. Buyers rushing towards key resistance: Sellers are absent and unable to stop this rally. DOGE seizes this opportunity and looks to break the $0.21 resistance.
3. Bullish MACD Crossover Confirmed: The daily MACD has crossed to the bullish side this week, indicating that this rally could be beginning.
Do you think DOGE will reach new highs? Comment below! đŹ
