Dogecoin Recovery: How Much More Can the Leading Meme Coin Rise?
Dogecoin is currently trading between $0.10 and $0.11, down 10% over the past day, as analysts discuss its next potential move. Technical analysis from BitGuru indicates that the key support zone near $0.10 could drive a rebound toward $0.13, $0.15, or $0.19 if buyers step in. Additionally, Charting Guy pointed out a significant signal on the weekly chart: the 20-week moving average has crossed below the 200-week moving average, a pattern historically associated with major cycle lows before sustained upward trends.