Once this bounce is confirmed and mirrors the last result, DOGE could rise beyond the $0.90 price range in the upcoming months, marking a new all-time high and a potential top in the ongoing bull market cycle. This move is likely to put an end to the current bearish action of DOGE as bullish momentum builds up once again.
At the time of writing, Dogecoin was trading at $0.174, demonstrating a more than 7% increase in the last 24 hours. Fresh optimism is returning to the market, as indicated by a 105% rise in trading volume in the past day.