Dogecoin (DOGE) clears year-old resistance, signaling bullish comeback
DOGE price suggests bulls comeback following a remarkable upswing.
The meme token breached a downward trend line, suggesting a bullish resurgence.
Closing above $0.0814 might trigger a potential 100% surge for Dogecoin.
Dogecoin (DOGE) price joined the recent broad-based rallies in the cryptocurrency market. The leading meme token displayed stable bullishness. Further, the upsides saw it overcoming a plummeting weekly trend line.
The boundary has restricted its gains over the past twelve months. Thus, DOGE’s latest price actions paint a bullish picture for holders.
DOGE preparing to skyrocket
Dogecoin bulls seem exhausted after the alt overcame a multi-month hurdle. The resistance connects swing peaks printed since October 2022. DOGE breached this resistance following last week’s 10% uptick. It gained more than 40% over the past 30 days.