Dogecoin (DOGE) is stealing the spotlight once again. After rallying 17.7% this week, DOGE now boasts a 27.8 billion market cap—leapfrogging Cardano (ADA) to reclaim a top spot among major cryptocurrencies.

Despite a minor 1.4% dip in the past 24 hours, Dogecoin is trading around 0.1810 on April 27, holding strong after a major breakout move.

The technical landscape shows Dogecoin exiting a falling wedge pattern, typically a bullish setup. Strong support has formed around 0.143 and $0.16, providing a sturdy foundation for further gains as bullish sentiment continues to build.

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