The hourly charts for most cryptocurrencies start to show signs of weakness, which might signal some incoming bearish momentum. Although no real damage has been done so far, some of the early morning gains have been wiped out in the process. For Dogecoin, these small setbacks will not result in any real changes, primarily there is still a solid uptrend in place right now.
After going through multiple weeks of stability, the Dogecoin price finally started showing very bullish momentum earlier this week. A very strong uptrend has been noted in the past few hours, despite some setbacks on the hourly charts. Although it seems unlikely the value will remain near the $0.0025 level for much longer, it is still a vast improvement compared to just a few days ago. Slow and steady will often win races.