Is Dogecoin still a thing?

[Maniés]

Dogecoin is a cryptocurrency that was created in December 6, 2013 by Jackson Palmer and Billy Markus and is now established at $0.06

The prices continue to struggle as they range in a channel to rekindle their bullish movement against USDT. DOGE and other crypto assets experienced a relief bounce in recent weeks, which saw the crypto market cap look good for cryptocurrencies across the industry, with many producing double-digit gains. DOGE showed some relief bounces but was quickly rejected into a range price movement. 

The crypto market has been in a bear market for more than 6 months, causing many crypto assets to retest their weekly lows while others cling to key support. After rallying to a high of $0.08, the price of DOGE fell to a weekly low of $O.05, where the price held strong after forming support. The price bounced off this region of $0.05 as the price rallied to a weekly high of $0.66 as the price faced resistance to breaking higher. DOGE’s price has since remained within its range as it prepares to break out of it in order to retest the resistance at $0.08.

For the price of DOGE to resume its bullish trend, it must break above $0.08 with good volume closing above it.