29 September 2025
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Dogecoin Price Holds Critical Support Level Amid Market Volatility
- Dogecoin recently experienced a 28% price drop after rallying above $0.3 earlier this month.
- The current critical support level is $0.229, which has been maintained over the weekend.
- A bullish triangle breakout pattern suggests potential for the price to continue its uptrend.
- The price is testing the lower boundary of its trading range but remains above the key support level.
- If Dogecoin holds the $0.22 psychological level, it may signal increased investor interest.
- Heavy buying could push the price towards $0.25, the next major resistance level.
- A fall below $0.22 could target a low of $0.18810 as the next demand level.
- The bullish pattern may fail if Dogecoin cannot reclaim higher ground or if Bitcoin's price declines.