The biggest proof of Doge's consolidation has been the crossover of its key moving averages. Right now Doge's 50-Day moving average acting as a key support line. Also, the MACD indicator has flashed a bullish sign when it done a bullish crossover a few days ago, indicating that coin might be in for a move higher.
I expect that the MACD line will rise above the '0' centerline, to complete a bullish centerline crossover. When the MACD is above zero, the short-term average is above the long-term average, which signals upward momentum. Given the recent consolidation and the bullish signals, Doge coin price will likely see higher ground over the next few weeks.
I expect that the MACD line will rise above the '0' centerline, to complete a bullish centerline crossover. When the MACD is above zero, the short-term average is above the long-term average, which signals upward momentum. Given the recent consolidation and the bullish signals, Doge coin price will likely see higher ground over the next few weeks.