The Dogecoin price could be gearing up for a potential bullish move as it approaches a critical resistance level.
A crypto analyst suggests that technical indicators point to a significant breakout to the upside, with a forecasted rise to $0.426.
The resistance level at $0.408 has historically stalled Dogecoin's upward momentum.
Confirmation signals to watch out for include a decisive close above key resistance, increased trading volume, and a successful retest of the broken resistance level.