The world’s largest meme coin DOGE has been recently on investors’ radar, gaining over 6% in the last 24 hours while defying the broader market downside. As of press time, the Dogecoin price is trading 5.31% up at $0.1982 with a market cap of $29.4 billion and daily trading volumes shooting up by 53% all the way to $5.02 billion.
Dogecoin (DOGE) Price Action
Popular crypto analyst Rekt Capital reported that in recent developments, Dogecoin (DOGE) has demonstrated resilience by successfully retesting the Macro Downtrend line, leading to a notable rally of over 55% to the upside.
Furthermore, the cryptocurrency has shown promising signs as it recently broke out from its Bull Flag pattern, depicted in orange. Currently, DOGE is attempting to retest the upper boundary of the Bull Flag as a new support level.
Courtesy: Rekt Capital
As of now, the Dogecoin price is eyeing a major breakout above 20 cents after which DOGE can begin its fresh surge to its all-time and further to $1.
Three O
We współpracy z: https://coingape.com/dogecoin-defies-broader-market-trends-with-6-surge-doge-price-breakout-soon/
