Dogecoin's RSI reaching 50 indicates a bullish pattern, suggesting potential rallies near $1.
Key resistance at the 50-day MA needs to be broken for DOGE to target price levels of $0.21, $0.25, up to $0.45.
DOGE is currently trading near $0.19, oscillating between $0.18-$0.19 as it awaits a breakout above the 50 EMA or a breakdown below $0.18.
Technical analysts observe that Dogecoin may experience a significant upward movement, with patterns like RSI positioning, fractal symmetry, and key moving averages suggesting a potential revisit to the $1 mark.