CandleFocus

Dogecoin (DOGE) Breakout Alert! Bulls Eye 30% Rally

Dogecoin (DOGE) is expected to experience a significant price increase based on bullish price action and technical analysis. It has broken out of an ascending triangle pattern and could soar by 30% if it closes above the $0.45 level. The coin's Relative Strength Index (RSI) suggests there is still room for growth. Whales and institutions have also shown interest, with a surge in transaction volume and outflows from exchanges. Currently, DOGE is trading at around $0.44 with a 4.10% gain in the past 24 hours. However, trading volume has decreased, indicating reduced participation from traders and investors.

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