Despite the drop in Dogecoin, technical analysis shows optimistic signals
DOGE seems to be forming a bullish trend structure in its price.
With higher lows and higher highs, there is an apparent ascending channel forming.
If DOGE were to close a daily candle below $0.18, this analysis would become obsolete.
Dogecoin (DOGE), the meme-inspired cryptocurrency that leads the capitalization of its category, is navigating turbulent waters. The last week brought an 8% drop in its price, which is now trading at $0.20, after a notable spike at the end of July.#DOGE