The recent crypto market crash caused major losses for digital assets, but Dogecoin (DOGE) managed to maintain support above a key level on the daily scale.
Analysts suggest that DOGE could experience a significant rally and potentially surge by triple digits.
Despite the market turmoil, DOGE quickly reclaimed the $0.19 support level, which is crucial for its future price movement.
If DOGE successfully rebounds from the support level, it could potentially surge to $0.5, representing a 150% increase. Dogecoin has shown the ability to experience rapid price rises in the past.