𝘿𝙤𝙜𝙚𝙘𝙤𝙞𝙣 𝙋𝙧𝙞𝙘𝙚 𝙖𝙩 $0.2, 𝙒𝙞𝙡𝙡 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢 𝙏𝙧𝙞𝙜𝙜𝙚𝙧 𝙖𝙣 𝙀𝙭𝙥𝙡𝙤𝙨𝙞𝙫𝙚 𝙍𝙖𝙡𝙡𝙮?

Dogecoin (DOGE) price rose for the third consecutive day, retesting the resistance level at $0.20 for the first time since May 30. Its rise continued slightly after Elon Musk expressed some regrets on some of his X posts about Trump.

Dogecoin price has rallied in the past few days but odds of an explosive rally are low.

While the RSI and the Momentum indicators are bullish, the ADX has dropped.

DOGE has also found substantial resistance at the 50-period moving average.

Therefore, the explosive rally to $0.2594 will happen if the coin gains momentum and flips the 50-period moving average. A clear breakout above the initial target at $0.2594 will bring the next key resistance level at $0.4324 to view. This price is the highest level in January and 118% from the current level.