Is A Dogecoin Breakout To $0.30 Brewing?
Posted On May 20, 2025
Dogecoin (CRYPTO: DOGE) may be gearing up for a significant rally, with analysts pointing to $0.30 as the next major resistance if the meme coin can hold current support levels.
What Happened: Trader Altcoin Sherpa noted that DOGE recently broke out after two months of sideways trading.
Unlike similar setups in late 2024, this move is underpinned by macro and election catalysts.
He emphasized that the next few weeks are crucial:
- If DOGE holds current levels, he expects a push to $0.30.
- If support fails, a drop to $0.15 is likely.
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