Dogecoin Price Surges as Market Momentum and Whale Activity Increase
The original meme coin is experiencing bullish momentum amid global economic uncertainties.
Key technical points include:
- DOGE's price increased from $0.218 to $0.230, a 6.43% gain over 24 hours.
- Higher lows and higher highs indicate a strong uptrend, with resistance at $0.230 recently breached.
- Support is established at $0.225, confirmed by buying volume exceeding 300M coins.
- Momentum remains bullish, with projections targeting as high as $0.65 if the trend continues.
- Increased trading activity noted, including a surge of over 21M coins in the last hour.
- Resistance tested multiple times before being breached at 08:01 on nearly 10M volume.