Dogecoin: Trading Within a Tight Range as Traders Anticipate Breakout

After a brief rebound, Dogecoin (DOGE) is currently consolidating within a defined trading range, drawing close attention from traders. Market analyst Daan Crypto Trades suggests this range reflects the broader market trend, echoing similar mid-range zones observed in other altcoins like Bitcoin following last week’s volatility. 2023 has seen DOGE trade around $0.194, up nearly 4% over the past week, with a market capitalization of $29.4 billion according to CoinMarketCap. The memecoin saw some early recovery after a market-wide downturn but price action has since stabilized between $0.1778 (support) and $0.2181 (resistance). ]