Dogecoin Targets $0.10 as Bollinger Bands Hint End of Downtrend and Possible Rebound
Dogecoin is trading around $0.09691 after climbing from an intraday low of $0.09308, with a 24-hour gain of 3.94% and price indicators showing oversold conditions. Bollinger Bands and an RSI near 33 suggest bearish momentum may be fading, with upside targets between $0.11 and $0.15 and some long-term optimists eyeing $0.30. Market-wide volatility, Bitcoin's struggle below $70,000 and historical February weakness could still weigh on DOGE, though occasional boosts from positive sentiment such as comments by Elon Musk remain influential.