Dogecoin has experienced a significant drop of 9.3% over the past 24 hours after it was unable to break a significant resistance level positioned around $0.36. Despite the sell pressure mounting at this resistance price point, analysts remain optimistic, forecasting that Dogecoin's price could surge to $3.15 within the next 17 days.
This optimistic prediction is grounded in the expectation of a repeat of a historical pattern that might influence the Dogecoin market significantly. If the pattern unfolds as anticipated, it could potentially drive a notable upturn in Dogecoin’s value.