Dogecoin (DOGE) Price: One Level Stands Between DOGE and a Trend Shift

TLDR Dogecoin trades just above $0.0800, up about 1% on the day, with lows near $0.0785. The 50-day, 100-day and 200-day EMAs all sit overhead, between $0.0854 and $0.0919. Perpetual futures open interest is about 15 billion DOGE, down from above 17 billion in August. Analyst Trader Tardigrade says DOGE is forming a megaphone pattern, with $0.108 as the upper target. DogeOS, a new application layer, would require DOGE for gas fees, but supply grows by up to 5 billion coins a year. Dogecoin (DOGE) is trading just above $0.0800 on Tuesday, up about 1% on the day. The price touched lows near $0.0785 earlier in the session. The wider crypto market is quiet, with Bitcoin, Ethereum and XRP all struggling to build momentum.

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