Could Doge coin Reach $0.41 This Week?
Doge coin has experienced significant price fluctuations recently, currently trading at $0.34, with a 6.89% increase in the past 24 hours. While it’s unclear whether DOGE will reach $0.41 this week, technical analysis points to a positive trend.
The meme coin has broken through key resistance levels, and its price action shows a bullish recovery, gaining strength from the $0.30 support zone. This recovery has also surpassed a local resistance trend line, targeting the 38.20% Fibonacci level at $0.3303.
If DOGE manages to break the 50% Fibonacci level at $0.3551, it could potentially approach the previous resistance zone between $0.37772 and $0.41557. However, if it fails to breach the 38.20% Fibonacci level, a retest of the $0.30 demand zone may occur.
Remember, cryptocurrency markets are highly volatile, and prices can change quickly. Keep an eye on $DOGE
