Dogecoin Golden Cross Puts Key Support and $0.16 Recovery Target in View
Dogecoin has formed a short-term golden cross on the hourly chart, giving traders a new technical signal as they evaluate the meme coin’s recovery prospects. The 50-period moving average moved above the 200-period moving average, suggesting momentum has improved despite the latest price pullback. Even though DOGE surrendered part of its weekend gains, the crossover has kept market participants focused on whether a broader recovery can develop.