Dogecoin Price Rebounds, Social Sentiment Declines
This is a news story, published by CoinGape, that relates primarily to DOGE news.
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Dogecoin priceCoinGape
•Business
Business & Economics
Dogecoin price has stalled, but technicals and falling social sentiment point to a strong rebound
66% Informative
Dogecoin price made a strong comeback last week after spending about two weeks in a steep consolidation.
The 4H chart shows that the DOGE price has more upside to go in the near term.
The social sentiment score has dropped to -0.60, much lower than where it was in March .
The MVRV-Z score has formed a cup and handle chart pattern, pointing to a rebound.
Meanwhile, the market value to relative value z-score indicator shows the value of DogeE is still cheap.