Dogecoin, a popular meme coin, has begun to exhibit signs of a swift resurgence. In the last 24 hours, it has impressively climbed beyond the $0.08 support level, indicating a bullish breakout. Currently, Dogecoin price is at $0.0805, after an an encouraging increase of more than 2% in the past 24 hours, indicating a shift towards positive market sentiment.
Throughout the previous week, Dogecoin price has hovered under a significant trend line, fluctuating between $0.07800 and $0.0800. This period has seen a constant battle between buyers and sellers, with neither side establishing clear dominance. Nonetheless, market analysts are maintaining a hopeful outlook. Dogecoin’s trading volume, which has reached a notable $266 million, demonstrates a rising interest from investors. Positioned within the top 10 cryptocurrencies, the leading meme coin boasts a market capitalization of $11.5 billion.
Dogecoin price prediction
Recently, Dogecoin has faced challenges in breaking past certain res
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