Analyst Kevin identifies a key price level of $0.28 for Dogecoin on a weekly close to potentially retest all-time highs.
The Bitcoin Bull Market Support Band, consisting of the 20-week SMA and 21-week EMA, plays a crucial role in Dogecoin's trend analysis.
The daily RSI and MACD indicators suggest potential easing of bearish pressure and the onset of positive momentum.
A firm weekly close above $0.28 is seen as the catalyst for Dogecoin's further upward movement towards mid-$0.30s or higher, given favorable market conditions.