Dogecoin holds $0.42 support, trading in an upward channel with $1 as the next target.
Solana achieves record $264 close amid growing optimism over spot ETF approvals.
DOGE and SOL showcase crypto market resilience, driven by retail and institutional interest.
Leading altcoins Dogecoin (DOGE) and Solana (SOL) are making gains. DOGE remains strong above the crucial $0.42 support level, while SOL has surpassed its all-time high, reaching $264. Together, these altcoins signal a bullish year-end.
Dogecoin Maintains $0.42 Support, Eyes $1 Target
OG meme coin DOGE is trending upward, holding a critical support level at $0.42. After a dip on Sunday morning, the popular meme coin made a strong comeback, boosting traders’ optimism about a potential rally toward the $1 milestone.
In the 4-hour chart above, DOGE’s trading volumes have increased, which further supports the ongoing uptrend. The dashed red line at $0.42 continues to provide solid support. Analysts believe that if this momentum continues, DOGE could break past resistance levels and approach $1, a key psychological milestone for investors. The growing confidence in Dogecoin aligns with the bro…
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