The Dogecoin price has seen notable bullish action recently, marked by a strong rally starting from the November 26 low of $0.369. In just 24 hours, Dogecoin's price reached an intraday high of $0.4577.
This represents a significant 24% increase over the past seven days, exciting investors and market watchers.
The rally is further supported by breaking above the bullish pennant, a technical pattern indicating potential for continued upward movement.
Analysts speculate that Dogecoin's breakout could lead to a further 200% rally, as momentum and bullish sentiment remain strong.
