Dogecoin (DOGE), the largest meme coin by market cap, is nearing one of its most significant price breakouts. While its price has remained in a prolonged consolidation phase, emerging bullish signals suggest a major rally may be approaching. However, several challenges still stand in the way of this potential breakout.
Prominent crypto analyst Ali Martinez highlights the current bullish trends, though the path to a 45% surge is not without obstacles. The article emphasizes the need for cautious optimism as Dogecoin investors monitor these developments.
The post originally appeared on FXcrypto News, which is known for its insightful cryptocurrency market analysis and updates.
![[9월 5주차 주간브리핑] 미국도 돈 풀고 중국도 돈 풀고…비트코인 상승 신호?](https://loutre.blockchair.io/w4/storage/news/9it7df7zkfvet4lj.png){kind=small}