#doge $DOGE

Dogecoin price action hits a solid barrier, will it be able to surpass the $0.15 mark?

It seems that the price action of Dogecoin (DOGE) has found a ceiling that it cannot currently exceed, even with its value rising earlier today, but its launch is still possible in any case.

Despite the Dogecoin (DOGE) price rising by 1.73% in the last 24 hours and its contribution to the rise witnessed by the meme coin market cap, which reached 2.60%, the price is still stuck in a narrow trading range, and its solidity may pave the way for a new wave of increases due to the positivity that its technical indicators have begun to indicate.

Since last Thursday, Dogecoin’s price has managed to find a solid footing, rising by 2.96%, confirming that its movements are gaining upward momentum as traders continue to focus on the meme coin leader, with its trading volume still above $500 million over the past 24 hours.