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Dogecoin Breaks $0.20: Is a 30% Rally Coming Next?

  • Dogecoin (DOGE) price surpasses $0.20, indicating a potential breakout from a consolidation phase towards $0.26–$0.28 range in the near future.
  • Hourly charts show DOGE price breaking through resistance at $0.20 with rising momentum, supported by an ascending triangle pattern and bullish Moving Average Ribbon alignment.
  • Daily charts suggest a bullish outlook with DOGE forming a double bottom pattern, aiming for a target of around $0.25 if it closes a daily candle above $0.203 neckline.
  • Based on bullish hourly and daily indicators, Dogecoin is expected to target $0.25–$0.26 over the next 7–10 days, representing a potential 28% gain from the current price of $0.203.

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