Dogecoin Price Prediction as Bulls Hold $0.15 Level – Time to Buy?

cryptonews.com:

DOGE has gained by 1% in the past 24 hours, with the Dogecoin price moving to $0.1576 as the wider crypto market barely moves today.

Dogecoin has now fallen by 16% in a week, although it remains up by 6.5% in the last 30 days and by 66% in a year.

But given that it’s still 78% down from its all-time high of $0.7316 (from May 2021), it still has plenty of space for further gains this year.

These may come sooner rather than later, with the incoming Bitcoin halving potentially increasing market bullishness that could feed into DOGE.

It looks as though DOGE is slowly regathering strength after spending much of the past week struggling, with its indicators showing tentative signs of recovery.

Its relative strength index (purple) has climbed over 50 and is overdue a comeback, one which should last as long as the period it has spent below 50.

DOGE’s 30-day average (orange) has begun inching upwards after spending a similar length of time falling, again offering a signal that the coin is about to stage some kind of recovery.

At $2.2 billion, DOGE’s 24-hour volume is still much higher than the levels recorded in January and February and suggests ongoing interest in Dogecoin.

The past week has actually seen several large transfers of DOGE off of exchanges, including several away from Robinhood.