<ul data-eligibleForWebStory="true"><li>Dogecoin edged up to $0.17, gaining 1.0% in the last 24 hours.</li><li>Trading volume dropped 30% to about $678 million, signaling caution among investors.</li><li>Low volume may lead to price whipsaws, with even modest trades impacting prices.</li><li>Charts indicate a symmetrical triangle pattern for Dogecoin, suggesting an imminent breakout.</li><li>An analyst predicts a 60% price increase if Dogecoin closes above $0.22, with a target of $0.35 to $0.36.</li><li>Conversely, a drop below $0.16 could trigger a sell-off towards $0.10.</li><li>Market forecasters are optimistic, with predictions of Dogecoin surpassing $0.37 by year-end.</li><li>Dogecoin's price movements may be influenced by wider crypto market trends and social media buzz.</li><li>Patience is advised as traders monitor volume to confirm price movements.</li><li>The upcoming weeks are crucial as the symmetrical triangle pattern tightens, potentially indicating a clear market direction.</li><li>Investors are urged to watch for volume confirmation above $0.22 or below $0.16.</li><li>Dogecoin's price performance may be impacted by catalysts such as Bitcoin/Ethereum trends and celebrity endorsements.</li></ul>

Dogecoin Breaks Free—Could Soar 60%, Analyst Says

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