Dogecoin (DOGE) price breaks above the 21-day line SMA and reverses its downtrend. The uptrend is likely to continue, although the cryptocurrency is limited between the moving average lines.
Dogecoin (DOGE), whose price has reached a high of $0.09, is currently in a bullish trend zone. The current trend is expected to reach highs of $0.10 and $0.11.
Dogecoin (DOGE) price has failed three times at the $0.09 barrier. Long wicks at the recent high indicate strong selling pressure at higher price levels.