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Is Dogecoin Poised for Another 50% Surge? (Analyst)

  • Dogecoin has recovered from yesterday's losses and is back above $0.24, with an analyst suggesting a 50% surge is possible.
  • On-chain data shows Dogecoin faces major resistance at $0.36 and key support at $0.21.
  • DOGE would need to outperform its recent surge of 40% to reach the analyst's resistance level.
  • DOGE Futures Open Interest has surged by almost 64% in the past week, exceeding $1.6 billion, indicating increased speculative positions.

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