The altcoin cryptocurrency market is seeing a significant 5% uptick. Amid this recovery, Dogecoin surpassed its $0.35 psychological resistance, with its market cap reaching $53 billion.
Dogecoin (DOGE) price analysis reveals a breakout at the neckline level of $0.34356, continuing its bullish trend.
Over the past 24 hours, DOGE has experienced a 5.26% uptick, further solidifying its position in an uptrend.
As bullish momentum builds, DOGE is likely toを目指す mark at the 61.80% Fibonacci level.
However, if the broader market experiences a slowdown, a potential retest of the 38.20% Fibonacci level at $0.34356 is also possible
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