$DOGE

🐶 DOGE near $0.178 — is it preparing for a breakout?

Current situation:

• Price: $0.1786

• 24-hour trading volume: $1.06 billion

• Market capitalization: $26.5 billion

• Circulating supply: 149.05 billion DOGE

• Max supply: unlimited

• Change over 24 hours: -0.62%

• Daily high: $0.1827

• Daily low: $0.1743

• Market cap rank: #8

What’s on the horizon?

Analysts predict that the price of DOGE could reach $0.23 if resistance at $0.193 is overcome.

Moreover, technical analysis indicates the formation of a new ascending channel on the 4-hour chart, suggesting a potential bullish trend.

My view:

DOGE shows stability near $0.178, with potential for growth. Increasing investor interest and positive forecasts could act as a catalyst for a new impulse.