Dogecoin Breaks Resistance, Surges 7.8% Higher – Chart Analysis

Trading around $0.1761, Dogecoin has posted a noteworthy 7.8% weekly gain, driven by its sustained upward trend. Support at $0.1675 and resistance near $0.1781 contribute to this dynamic pattern. The cryptocurrency’s price action reveals an established channel formation with repeated deviations followed by significant upward moves. This consistent structure suggests Dogecoin could continue upwards beyond the recent resistance level, potentially strengthening a bullish trend.