Dogecoin Reaches $0.18: Key Price Scenarios To Watch

Dogecoin (DOGE) has witnessed a sustained upward trend within the cryptocurrency market, exceeding the $0.18 mark and reclaiming its position in the spotlight. Following a period of struggle to break through the $0.1568 resistance level, DOGE recently showcased bullish momentum, reaching new highs as traders are actively engaging with the ecosystem. 7 days ago, it was battling to breach this resistance and found support above $0.1568. Analysts attribute this surge in value to expanding decentralized finance (DeFi) applications and increasing institutional investment.