DOGE COIN WILL BREAK THE $0.50 RESISTANCE SOON? THIS IS WHY I SAID SO
Dogecoin (DOGE) has been on the rise, and investors are eager to know if it'll break the $0.50 resistance soon. Currently, DOGE is trading at $0.4250, with a potential breakout of the $0.4385 level.
If this breakout happens, the accumulated energy might be enough for a move to the $0.50 zone and above. However, it's essential to consider the broader market trends and potential corrections.
Looking at the bigger time frame, the situation is quite similar. The closer the candle is to the resistance, the more likely a breakout to the $0.50 range is.
While there's optimism around DOGE's potential breakout, it's crucial to conduct thorough research and consider multiple perspectives before making any investment decisions.$DOGE