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Dogecoin Shakeout Could Plunge Price To $0.21 Before A Run To $0.4 Happens

  • Dogecoin is currently trading between $0.21 and $0.26, facing resistance around $0.25 which could lead to a potential price drop to $0.21.
  • Technical analysis suggests Dogecoin might experience a shakeout towards $0.21 before making a bullish move towards $0.4.
  • Resistance zone between $0.24 to $0.25 is hindering Dogecoin's rally, with $0.25 acting as a key barrier that needs to be surpassed.
  • At the moment, Dogecoin is trading at $0.2279, showing a 2% increase in the past 24 hours. A successful breakout could lead to a significant 85% gain up to $0.40.

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