Dogecoin Price Prediction: Is DOGE Ready to Make History?

DOGE teeters on the brink of breaking its triangle pattern

• #Dogecoin is currently testing a key resistance level in the range of $0.17000 to $0.17500.

• It found support around $0.12010 after experiencing a 47% price correction from its high of $0.22888.

• A triangle pattern is forming on the daily chart, characterized by an overhead resistance trendline.

• The recovery rally since April's pullback is confined between the 38.20% and 50% Fibonacci levels.

• The breakout of the triangle pattern will determine the upcoming price trend.

• According to Coingabbar Price Analysis, If Dogecoin breaks out of the triangle pattern, bulls may target the upper resistance level of $0.205.

• Conversely, if there's a breakdown, Dogecoin could retest its crucial support level of $0.128.

KEY LEVELS :

RESISTANCE LEVEL : $0.19000-$0.23000

SUPPORT LEVEL : $0.13500-$0.10000

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