DOGE has been leading the gainers' chart throughout November, suggesting strong market performance. Observers and analysts expect a potential shift in its price, possibly pushing Dogecoin over the $1 mark.
According to analyst Kaleo, Dogecoin is currently in an accumulation phase. This phase occurs just above a significant resistance level seen on a higher timeframe, indicating a potentially favorable trend for holders and investors.
The market signals currently suggest an optimistic outlook for Dogecoin, although the usual market risks remain pertinent for traders and investors.