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On the hourly chart, Dogecoin is drawing a fine uptrend against the US Dollar and yet confirms the same as the candlestick breaches above the upper 20-day Bollinger Band. The coin regained 200-day MA support on the hourly chart after it gained the traction from the intraday low marked at $0.002234, yesterday. The price accumulation took a halt as the price dipped below 61.80% Fib Retracement level just to gain the right momentum, today.
The technicals confirm the bullish crossover as the MACD line crosses above the signal line since the price Dogecoin rebounded from the intraday low around $0.00223. The RSI of the coin is at 58.97 and is seen inclining towards the overbought region around 70.
