The trading volume of Dogecoin has increased, suggesting a potential rally in the future. Despite a recent decline and loss of momentum, the price of DOGE is testing a crucial area of interest at $0.26. If DOGE can break above this level, further gains could be possible, with resistance levels at $0.30 and $0.32-$0.35. To confirm a breakout, the price needs to close above the 50-day EMA at $0.28 with significant volume. Support is currently at $0.24, and a break below this level may lead to a retest of $0.22. The RSI is indicating a potential bullish reversal, and cautious market sentiment is reflected in the modest trading volume. Traders should monitor the $0.28-$0.30 levels for indications of strength.
Liberland’s LLD token surges as the world’s first decentralized autonomous government gains traction