Dogecoin Surges Past Resistance But Faces Uphill Battle to Sustain Rally
• DOGE broke out from a short-term resistance but still trades inside a long-term corrective pattern • DOGE price rejected at channel resistance twice in January, but trades in upper part of pattern • Daily RSI turned bullish, indicating bulls have advantage • DOGE price broke out from descending trendline, suggesting bounce will continue • If DOGE breaks $0.088 resistance, could initiate a 25% increase to $0.102