{"id":561338,"date":"2023-11-18T23:30:18","date_gmt":"2023-11-18T23:30:18","guid":{"rendered":"https:\/\/wncen.com\/?p=561338"},"modified":"2023-11-18T16:05:06","modified_gmt":"2023-11-18T16:05:06","slug":"dogecoin-metrics-signal-breakout","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-metrics-signal-breakout\/","title":{"rendered":"Dogecoin Metrics Signal Impending Breakout, How High Can The Price Go?"},"content":{"rendered":"
Dogecoin is <\/span>definitely on a rally<\/span><\/a> as shown by crypto market numbers. The cryptocurrency has experienced a significant market increase amidst a wider consolidation, with the price up by 7.46% in the past seven days.\u00a0<\/span><\/p>\n Although the price of DOGE was recently pushed back down today by some level of resistance near $0.087, it has since bounced back up again at $0.082. At the time of writing, DOGE is trading at $0.084, an increase of 2.4% from this support level. This indicates that the bulls are not ready to give up buying momentum.\u00a0<\/span><\/p>\n According to a recent post by crypto analyst Rekt Capital on social media, DOGE has finally confirmed a break out of a descending channel pattern. On-chain signals also point to a huge surge in interest and trading volume, indicating DOGE might be going higher soon.<\/span><\/p>\n $DOGE<\/a> has confirmed a breakout from its Channel#DOGE<\/a> #Crypto<\/a> #Dogecoin<\/a> pic.twitter.com\/SvmtG65FZa<\/a><\/p>\n \u2014 Rekt Capital (@rektcapital) November 17, 2023<\/a><\/p><\/blockquote>\n\n