Dogecoin Up 9% In One Week: Is A Breakout Coming?

Dogecoin (CRYPTO: DOGE) is up 9% over the past week, with key technical signals suggesting a possible breakout.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Dogecoin (CRYPTO: DOGE)  $0.1789 $26.7 billion -1.8%  +9% 
Shiba Inu (CRYPTO: SHIB)  $0.00001366 $8.05 billion -2.3%  +8.6% 
Pepe (CRYPTO: PEPE)  $0.058978 $3.8 billion -1.9%  +10.2% 

Trader Notes: Analyst Trader Tardigrade points to a bullish shift in Dogecoin’s weekly Gaussian Channel, where four consecutive red candles have now given way to a green one, signaling a potential breakout through the mid-band.

He also highlights a key resistance trendline, which, if broken, could open the path to $1.

Crypto analyst Ali Martinez suggests that a monthly close above $0.20 would …

Full story available on Benzinga.com