Dogecoin has finally surged above the crucial $0.48 resistance level, briefly reaching $0.484 before pulling back slightly. This marks a significant development for the meme coin, as it had struggled to break past this level for weeks. The move has sparked renewed optimism among traders and investors who see potential for further upside. Related Reading: XRP Price Forecast – Analyst Sets $4 Target After Potential Retrace Key data from blockchain analytics firm Santiment highlights that Dogecoin, along with other meme coins, is experiencing mini breakouts this weekend. This trend suggests increasing bullish momentum in the meme coin sector, often viewed as a precursor to broader market rallies. The data indicates rising trading volumes and heightened on-chain activity, both of which point to sustained interest in Dogecoin. If this momentum continues, Dogecoin could be on the verge of extending its recent gains, with many market participants eyeing the $0.50 psychological level as the next target. A successful breakout above $0.50 could pave the way for even higher levels, further fueling the ongoing rally. However, failure to maintain its upward trajectory might lead to ..
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