Dogecoin (DOGE) has experienced a significant price surge of over 10% in the past 24 hours, showing positive momentum as it recovers from recent lows. This comes after months of consolidation and a stagnant phase for the cryptocurrency. Analysts are speculating about a possible bull run for DOGE, which could lead it to surpass the resistance level of $0.20 and reach yearly highs. Recent price patterns and formations indicate a bullish bias, and the recent recovery around the $0.12 zone suggests further upward movement. If DOGE manages to break through $0.215, it could indicate a major bullish shift and the possibility of a long-term trend reversal. The formation of a golden cross and the bullish momentum indicated by the MACD further validate this bullish rally. A breakout above $0.136 could propel DOGE's price to $0.150 and even $0.212.
- Content Editor ( thenewscrypto.com )
- 2024-09-27
Dogecoin (DOGE) Climbs to $0.12 as Bulls Seek a Continued Rally