$DOGE has broken through to around 0.249, will it reach 0.36 this month?
Dogecoin, the largest meme coin by market cap, rose 2.73% yesterday, breaking the persistent resistance level of $0.20. This trend is driven by Ethereum breaking $3500, with the overall altcoin market showing bullish momentum.
After a weak price in March, Dogecoin once turned the support level of $0.20 into a resistance level. Since the decline, Dogecoin has struggled to reclaim this price level, with multiple attempts ending in failure.
A few days ago, 10.94 billion Dogecoins changed hands at the $0.20 price level, creating significant selling pressure. Despite this, Dogecoin broke through that price level, rising 9% today.
This indicates that Dogecoin still has great potential, with Meteor optimistic that Dogecoin will surge to $0.36 this month. Since now, it has risen 49% and is expected to reach its highest price in seven months.
Fans who have not yet entered the market can start building positions now, as a final breakout is expected this evening, and the weekend market is anticipated to be relatively stable. If you want to seize this bull market, it's definitely too late to learn on the fly; it's best to have someone guide you through quickly.
