Dogecoin Price: Could a 50% Rally Be On the Horizon?

Dogecoin price has witnessed a notable surge over the past week, gaining around 20%, but its longer-term performance has been relatively muted, with just a 7.6% increase over the last three months. A bullish ascending triangle pattern hints at a potential breakout to new highs, with targets potentially reaching $0.36 if DOGE clears $0.25 with strong volume. 20% gains in a week show Dogecoin is experiencing increased movement after months of stagnation. However, key resistance levels and support remain crucial in determining the coin’s future trajectory.