Dogecoin Shows 4 Signs Of Breakout After Weeks Of Silence

Dogecoin (CRYPTO: DOGE) is consolidating near $0.195 after failing to hold gains above $0.30 earlier in October, with technical charts signaling a breakout may be imminent.

Dogecoin Holds Within Ascending Channel

DOGE Daily Price Action (Source: TradingView)

The daily chart shows DOGE trading inside a broad ascending channel while staying capped under a descending trendline from late 2024.

Key exponential moving averages (20, 50, 100, 200) between $0.207 and $0.222 are acting as near-term resistance. 

The Supertrend indicator near $0.242 also caps upward momentum, reinforcing the need for a clean breakout.

Dogecoin …

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