Dogecoin (DOGEUSDT) rose slightly in its latest intraday trading, as a positive divergence began forming on the relative strength indicators after reaching heavily oversold levels compared to the price movement, with positive signals starting to appear. This coincided with the price rebounding from the support of its 50-period simple moving average, under the influence of a short-term corrective uptrend.

Therefore, we expect the digital currencys price to rise in its upcoming intraday trading, as long as it remains above the $0.17189 level, targeting the first resistance at $0.18738.

Todays price forecast: Bullish.