Dogecoin has been struggling to recover from its recent price decline, dropping below $0.3. However, a significant technical signal has appeared on DOGE's price chart, potentially indicating a bullish trend for the remainder of the year.
This signal was highlighted by crypto analyst KrissPax, who noted the occurrence of a crucial technical crossover. This is the third instance of such a crossover since 2017 and 2021, making it a potentially influential event for Dogecoin's price trajectory.