Dogecoin (DOGE) Price: Technical Indicators Point to Possible Rally Above $0.1850 🐶
Dogecoin (DOGE) is currently displaying signs of a possible trend reversal after retesting a crucial demand zone at $0.115. The memecoin has surged by 34% following a rebound from a key support level.
A rising Weighted Funding Rate is indicating increased market interest and bullish sentiment around the cryptocurrency.
Analyst BitGuru suggests that for DOGE to initiate a rally, it needs to maintain a position above $0.1666, targeting a rise above $0.1850.
Source: blockonomi.com ↗
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