When looking at the many different cryptocurrencies, it would appear Dogecoin is still somewhat of an industry-wide indicator. More specifically, the meme currency of the internet tends to move in ways which seem to hint at what may happen to other markets further down the line. Today, the Dogecoin price is very bullish, and reclaiming the $0.003 level seems to be a matter of time.
Dogecoin Price Shows Bullish Signs
After a bit of a rough start to the week, most of the cryptocurrencies, tokens, and assets have begun recovering lost value without too many problems. That in itself is a positive sign, especially since no one wants to see much of a bear market any longer. Dogecoin seems to put up a valiant effort in this regard as well. After its recent price spike and subsequent drop, the upward momentum has been resumed without too many problems.
To put this all in perspective, the Dogecoin price has gained 4.6% in the past 24 hours to rise back to $0.002991. There is also a 3.71% improvement in DOGE/BTC, which may be the…