DOGE Price Prediction: Dogecoin Posts Strongest Move in Weeks. Is $0.15 the Next Target?
Summary
Dogecoin (DOGE) achieved its most significant breakout in weeks, jumping 8% to $0.1467 on an explosive 1.37 billion token volume surge, indicating a return of institutional flows to the memecoin sector. Technically, DOGE decisively broke above key resistance at $0.1475–$0.1480 after establishing a higher low support at $0.1347. Clearing this resistance opens the path toward the next high-liquidity band between $0.1500 and $0.1520. Momentum indicators support continued bullish movement, with volume profiles showing strong accumulation. Traders should watch $0.1475–$0.1480 as the critical level for continuation, while $0.1347 serves as the invalidation point for the short-term bullish outlook, which is further supported by ongoing meme-sector strength.
(Source:CoinDesk)