Dogecoin Price 6% Away from Reversing 5-Month Correction, $0.15 Breakout Ahead?


Dogecoin Price 6% Away from Reversing 5-Month Correction, $0.15 Breakout Ahead?

  coingape.com 31 August 2024 21:50, UTC

DOGE, the largest meme cryptocurrency by market cap, shows a slight upswing to $0.102 on Saturday, defying the current market uncertainty. The bullish momentum can be attributed to the recent win for Elon Musk and Tesla in the DOGE manipulation lawsuit. With sustained buying, the Dogecoin price is set to challenge the resistance trendline long-coming wedge pattern, signaling a pivotal moment for its holders.

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