Dogecoin (DOGE), the popular meme cryptocurrency, has once again captured market attention. Analysts forecast a strong rally, but caution against anticipating the explosive gains seen in 2021. Several resistance levels and market conditions suggest that 2024 might not replicate the previous highs.
While DOGE has potential for growth, various elements could constrain its upward trajectory. Understanding these factors is crucial for investors who hope for continued appreciation of the coin.
