Dogecoin (DOGE) has been fluctuating between $0.30 and $0.36, hindered by a global crypto market correction. The meme coin's potential to reach the ambitious $1 target by 2025 remains in question.
Since December, DOGE has shown a mixed performance with frequent corrections, losing 8% in the last month. Trading volume has also decreased significantly, reflecting waning investor interest, though some see it as a buying opportunity.
Technical analysis indicates a resistance at $0.349, tied to a 'Cup and Handle' pattern. Analysts suggest that if DOGE breaks this resistance, it could hit the symbolic $1 mark.
Optimistic analysts have identified bullish patterns and believe a breakout could propel DOGE to $0.66 in the coming days.
Bron: fr.beincrypto.com ↗