Dogecoin Price Forecast: DOGE breakout could kickstart 10% rally

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Dogecoin Price Forecast: DOGE breakout could kickstart 10% rally
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Dogecoin (DOGE) price shows a willingness to rise higher after its recent encounter with two key hurdles. If this bullish momentum continues, DOGE cou

Dogecoin price has been consolidating below a key hurdle at $0.060 for nearly two weeks. A breakout above the said barrier could trigger a 10% rally to $0.0662. A daily candlestick close below $0.0582 will create a lower low and invalidate the bullish thesis. ld kickstart a strong rally. Read more:Dogecoinco-founder calls on SEC to refund taxes as Coinbase lawsuit heats up Dogecoin price ready to make a move Dogecoin price stayed below the $0.0593, $0.0603 for nearly two weeks.

0603, it could attract sidelined buyers and kickstart a 6.30% upswing to $0.0642. In some cases, DOGE might extend the run-up to $0.0662, bringing the total gain to 10%. While Dogecoin price shows a bullish outlook over the weekend, investors need to be careful as the fresh start of a week could reset the existing bias.

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