Dogecoin price news: What next as DOGE flashes short-term golden cross
Summary
Dogecoin (DOGE) increased by 4.36% to $0.1516, driven by a broader rally in meme coins like PEPE and Shiba Inu, suggesting renewed speculative appetite. This move was supported by volume running over 40% above its 30-day average, confirming real participation. Technically, DOGE broke out of consolidation, established $0.1463 as new support, and flashed an hourly "golden cross" (9-period SMA crossing above the 26-period SMA). The next resistance level to watch is the supply cluster between $0.1520 and $0.1530. For the rally to continue, DOGE must hold $0.1463; a slip below this level would signal a loss of sponsorship, while holding it and consolidating above $0.1500 could push prices toward the next resistance band.
(Source:CoinDesk)