Dogecoin (DOGE) rises to a 3-month high: Has the breakout toward $1 started?

- Dogecoin (DOGE) has gained nearly 20% over the past week, reaching $0.10 for the first time since June, with a market capitalization of around $15.2 billion.
- Analysts forecast potential price targets in the range of $0.1175-$0.15, and even $1-$3, depending on whether key resistance levels are broken; however, losing support levels could trigger a pullback.
- The recent purchase of more than 240 million DOGE by “whales” is seen as a positive sign, but DOGE flowing to exchanges suggests potential selling pressure in the short term.

Source: CryptoPotato
🌍 Updated by GemCrypto

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