Dogecoin (DOGE) has surged over 3% in the last 24 hours, breaking through a key resistance level and fueling renewed optimism among traders. The price now hovers near $0.114, with some speculating that DOGE could reach the $0.150 mark. Technical indicators suggest potential overbought territory, while increased network activity and short liquidations indicate growing bullish sentiment.
This resistance breach has triggered renewed optimism that DOGE might be ready for a significant rally.
At press time, Dogecoin trades at $0.1138, marking a 3.58% gain in the last 24 hours. The price has consistently stayed above the $0.111 level, which many view as a positive sign. If the price continues to hold this position or break higher, it could pave the way for a move toward $0.150. Conversely, if the price falters at this level, the rally could lose steam.Network activity plays a critical role in supporting price action, and Dogecoin has seen 46,189 active addresses over the last 24 hours.
Dogecoin DOGE Cryptocurrency Price Surge Resistance Breach $0.150 Target
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