Dogecoin Nears 20% Price Jump: Is It Time to Buy?

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Dogecoin (DOGE) is seeing significant bullish momentum after breaking a six-month downtrend line, suggesting a potential 20% price surge if the coin closes above $0.106. DOGE is currently trading near $0.1053, with a 23% increase in trading volume, reflecting increased interest from traders.

Technical indicators support this view, with the Relative Strength Index (RSI) rising and open interest in futures rising by 9.2%. With a positive buy/sell ratio, DOGE looks set for further upside if this momentum continues.