Dogecoin price remains above the descending trendline as bulls show up to define support.DOGE could rise 5% to reclaim the $0.0900 milestone, levels last tested on Tuesday.The bullish thesis will be invalidated if the price breaks and closes below $0.0817Dogecoin (DOGE) price broke above the descending trendline on Valentines Day, February 14, but the breakout proved premature as the traders quickly booked profit. However, the breakout encouraged sidelined investors who did not want to be left behind the second time around.
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Dogecoin likely to rise 5%Dogecoin (DOGE) price remains above the descending trendline, setting the stage for a 5% climb to the $0.0900 milestone. The Relative Strength Index (RSI) is inclined north, suggesting rising momentum. If the trajectory continues, the RSI would soon cross above its signal line (yellow band), a crossover interpreted as a buy signal.

The histogram bars of the Awesome Oscillator (AO) are also in positive territory, adding credence to the bullish thesis.
If buyers show resolve, the Dogecoin price could shatter past $0.0900, extending the gains to the $0.1000 psychological level.