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Dogecoin needs to do this to unlock its full potential
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Dogecoin’s bullish trajectory since mid-October has been a welcoming change following tepid movement in September. DOGE’s value has risen by nearly 30% since last week and the alt is currently challenging a crucial resistance zone in order to unlock its full potential.
However, keep in mind that DOGE’s price progression needs to be backed by consistent volumes otherwise some near tailwinds can begin to creep into the market. At the time of writing, DOGE traded at $0.247, down by 3.5% over the last 24 hours.
Source: DOGE/USD, TradingView
Dogecoin looked to break past the confluence of its 200-SMA (green), $0.273-resistance and an upper sloping trendline to revisit levels seen during August’s bull run to $0.3495. Now this could turn out to be
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