During the B-word conference yesterday, Elon Musk admitted that he personally still held some DOGE. So when the market rebounded, DOGE was one of the biggest winners, increasing +25% on the daily at some point.
After a big move yesterday, it's to be expected that DOGE (and the rest of crypto) will see some consolidation for the day.
DOGE is now officially trading outside the triangle. Since it broke out on top, one would classically expect a move ahead, but I'm cautious.
BTC is still technically trading inside a downtrend, so I'm not confident that we're going to see a $0.30 any time soon. For DOGE, the current key area to beat would be yesterday's top, around $0.215. If DOGE manages to beat this high, we might think about a near term reversal from DOGE.
Well no one knows about the future
Let’s see !