Dogecoin has recently broken through a key Relative Strength Index (RSI) level, which suggests potential bullish trends for the cryptocurrency. However, further momentum and trading volume are needed for Dogecoin to overcome its current resistance challenges.
The cryptocurrency is facing difficulties at critical Fibonacci resistance levels, making it essential for market participants to push for stronger buying activity. A surge in volume could help Dogecoin achieve new highs and confirm its bullish outlook.