Dogecoin (DOGE) price surged over 10% to reach $0.199 with trading volume surpassing $10.5 billion.
Bullish reversal signs are seen as DOGE approaches a key Fibonacci retracement level and builds higher macro-level lows.
Analysts predict a major rally citing strong support zones and a 'green time cycle' historically linked to big moves.
Market experts anticipate Dogecoin's potential for a significant breakout after weeks of turbulence amid stabilizing cryptosphere and growing investor interest.