Dogecoin (DOGE) Price Prediction: DOGE Showcases Promising Bullish Rally, Ready For A Breakout?

Dogecoin [DOGE] has showcased a promising bullish rally over the last week as its value surged by double digits. The better news was that the bull rally might gain more momentum in the coming weeks as it was approaching a crucial resistance level.

Coin’s value went up by double digits in the last week.

CoinMarketCap’s data showed that DOGE’s price went up by more than 15% in the last seven days. In the past 24 hours alone, the world’s largest memecoin’s price went up by over 4%.

At the time of writing, DOGE was trading at $0.1312 with a market capitalization of over $19 billion.

Thanks to the bullish price action, the coin’s social volume spiked, reflecting a rise in its popularity.

Surprisingly, despite the recent price uptick, Dogecoin’s weighted sentiment remained in the negative zone.

This meant that bearish sentiment around the token was dominant in the market.

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