Dogecoin, the meme-driven asset, has been showing impressive gains in terms of price action and technical indicators. Its price made a 27% jump in 24 hours to break through the crucial $0.10 mark. Currently, chart analysis suggests the formation of a falling wedge pattern, which typically indicates a possible trend reversal. The buying strength of DOGE also rose sharply, which led to the RSI being overbought. This could lead to a potential price pullback. Additionally, the MACD turned green with followed buy signals, while the Bollinger Bands opened up. These are all indications of the bullish momentum witnessed in the market. However, it is important to note that the coin needs to remain above two key levels to sustain these gains. Despite this, the asset is still a good option as its overall prospects look positive.



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