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Mapping Dogecoin’s path to $0.445
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Dogecoin was back amongst the gains after recording a 27% jump over the last 24 hours. More importantly, DOGE breached the upper trendline and paved for an extended rally. The coming days would see DOGE challenge some critical price areas to maximize its value. In case DOGE bulls can gather numbers above $0.38, expect DOGE to tag its ultimate price ceiling at $445.
Source: DOGE/USD, TradingView
Dogecoin eyed a 27% surge from its breakout point of $0.283 based on the highs and lows within its rising wedge. Should bulls capitalize on the ongoing breakout, DOGE would revisit its 16 August’s swing high of $0.352, provided bulls are able to overturn the $0.321 price ceiling convincingly. The ultimate hurdle lay at a resistance mark of $0.445,
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