Dogecoin experienced a 1.13% price increase, trading at $0.11, due to a breakout from a descending triangle pattern, indicating a significant bullish reversal. This movement has raised the possibility of Dogecoin targeting the $0.20 mark.
Despite geopolitical tensions between Israel and Iran creating selling pressure, analysts remain optimistic about Dogecoin's upward potential, questioning if the bullish momentum will overcome these challenges.
This forecast appeared in CoinGape's analysis, focusing on the potential upside for Dogecoin's price.
