Despite closing 1.2% higher at $0.094 on Tuesday, Dogecoin remains trapped below a price resistance level that has repeatedly stopped its recuperation.
The pause comes as market reports point to $DOGE’s first daily “golden cross” in 14 months. The signal suggests that its longer-term direction may be improving, but buyers still need to push the price above $0.10.
What Dogecoin’s golden cross means
A golden cross occurs when an asset’s average price over the past 50 days moves above its 200-day average.