Dogecoin is on the cusp of scoring a monthly candle above a major support level
Dogecoin, the flagship meme coin, has a major challenge ahead of it. According to trading analyst Rekt Capital, the cryptocurrency is This, as the analyst expects, could pave the way to further upside. The meme coin could potentially surge to $0.30, according to the analyst.
At press time, the flagship cryptocurrency is changing hands at $0.215. It has surged nearly 7% over the past 24 hours. The meme coin is currently valued at $30 billion. With mere hours remaining until the pivotal monthly close, it remains to be seen whether Dogecoin will manage to remain above that make-it-or-break-it level.
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