Dogecoin (DOGE) seems to be preparing for the next big move and closed the week with a 7% price increase. This memecoin is consolidating at $0.40, which currently serves as a key resistance level. Once it breaks and converts it into support, DOGE could aim for much higher levels.
If the resistance level is broken, the next key targets on the chart will be $0.48 and $0.59. Momentum still favors buyers and a breakout could happen at any time.
Soon, DOGE could aim for an ATH of $0.73. Indeed, this level is not too far off considering the price tripled in November.
So you should take advantage while it's not too late.
This is not investment advice. You should consider and take responsibility for your investment funds.
