If the bulls keep the Dogecoin price above the crucial $0.080 support level, it will challenge its next resistance at $0.09. Sustaining this level could pave the way for DOGE to aim for a higher resistance mark at $1. This scenario hinges on the market’s ability to maintain its current momentum.
Dogecoin price is experiencing a notable resurgence as the crypto market shows signs of revival
The price of Dogecoin has recently been oscillating between $0.07700 and $0.08200. Despite initial bullish trends, it failed to maintain momentum, falling below its previous support level. The past several days have showcased an overall bullish pattern, with the weekend particularly witnessing a modest increase of over 5%.
The 24-hour trading volume has also significantly decreased, plunging by over 21% to a value of $304 million, ranked 10th in market capitalization,
Over the past few weeks, the crypto market has been marked by considerable price volatility
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