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B4Bit

06/18 08:55

Dogecoin Eyes $0.65 in Bullish Breakout

Dogecoin Eyes $0.65 in Bullish Breakout7a2219d8f5484802b9d7f2211349bf07.jpeg

Dogecoin (DOGE) continues to flash bullish signals, maintaining higher lows and suggesting that the popular meme coin is in a sustained uptrend. This trend is a strong indicator of buying interest, often setting the stage for major price moves.

At the heart of the optimism is the current breakout pattern, which remains intact. When a cryptocurrency holds its ground after breaking out of a resistance zone, it often signifies strength and readiness for the next leg upward.

Price Targets: $0.6533 First, Then $1.25?

As of now, analysts are eyeing a key target at $0.6533. Reaching this level would represent a gain of more than 260% from current prices. This figure isn’t pulled out of thin air—it aligns with technical analysis patterns and past resistance levels that Dogecoin could retest.

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