Dogecoin Price Analysis: DOGE breaches $0.29 resistance again, will it rally?

  • Today’s Dogecoin price analysis indicates bullish signals for the next 24-hours 
  • Dogecoin’s market choppiness index is high
  • DOGE is preparing to rally once again.

Today’s Dogecoin price analysis indicates bullish signals for the next 24-hours as the meme coin prepares to enter the weekend. We are expecting the DOGE/USD pair to continue moving higher and test previous highs. 

The overall virtual currencies market has been trading bullishly for most of the day, with Bitcoin gaining 2.44 percent and crossing the $50K mark. Ethereum rose by 6 percent and is currently trading slightly below the $4K mark. Solana is the best-performing coin and has already crossed into the $140 region after rallying by 21 percent.