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Dogecoin has shown resilience, holding steady above $0.22 and bouncing back from dips. Analysts highlight a tightening triangle pattern that could signal a major price move. On-chain metrics also suggest growing interest in the meme coin.
- Dogecoin's triangle pattern suggests an impending sharp price movement, with resistance at $0.4916.
- On-chain metrics reveal a 102.4% increase in new addresses and 111.32% rise in active addresses over the past week.
- A breakout above $0.49 could target $3.08, while a drop below $0.05 would signal bearish momentum.
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