Robinhood made headlines when it first joined the crypto space and has since been attempting to establish itself. Working together successfully is not
easy, and in order to reach the hearts of investors, the company needs to do a little more. The addition of Bitcoin and Dogecoin network support aids this cause.Robinhood recently announced that the self-custody wallet enables the buying, selling and transfer of crypto assets would start using the Bitcoin and Dogecoin networks. The wallet was first introduced back in September 2022; about a year ago, it only used Polygon as its first blockchain.
Nevertheless, the Relative Strength Index suggests that the potential of a reversal is likely. The purple indicator is currently testing the neutral line at 50.0 as a support floor. Success in doing so would suggest that the bearish sentiment is fading away, giving room for bullish pressure to take over the asset.Dogecoin price observed little change, too, as the meme coin leader could be seen trading at $0.065.
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