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Dogecoin’s Transaction Surge Sparks Bullish Sentiment Ahead Of Possible Breakout

  • Dogecoin has recorded its highest weekly transaction count since July with 1.93 million transactions.
  • The surge in transaction activity has sparked bullish sentiment as investors anticipate a potential breakout.
  • Traders are monitoring key signals such as the Relative Strength Index (RSI) and the $0.11 resistance level.
  • Based on historical cycles, analysts expect another significant rally for Dogecoin as it enters its third cycle.

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