Dogecoin has successfully broken through a critical structure zone around $0.26. Technical analysis highlights the potential for a 50% price surge above $0.33, despite facing recent bearish market conditions.
The cryptocurrency's Relative Strength Index (RSI) is currently at 48 on the 4-hour chart, hinting at an oversold state that might lead to a price reversal.
Moreover, the intensified whale activity suggests growing interest and could bolster further price movements.