$DOGE Dogecoin is facing a significant milestone as it aims to establish $0.20 as a solid support level, as noted by trading analyst Rekt Capital.
This could potentially open the door for further gains, with projections suggesting a surge to $0.30.
Currently trading at $0.215, Dogecoin has seen a nearly 7% increase over the past day, with a market cap of $30 billion.
As the monthly close approaches, the question looms whether Dogecoin can maintain its position above this critical level.
In the meantime, Bitcoin is poised to close the week above its all-time high, setting the stage for a potential breakout. With Bitcoin trading at $70,561, according to CoinGecko, the crypto market is on the brink of significant developments.
