Dogecoin Breakout Looms as Traders Brace for 40% Price Swing

Dogecoin finds itself trapped in a tight trading range between $0.24 and $0.22, with traders closely monitoring the cryptocurrency’s next major move that could result in a significant price swing of up to 40 percent. Analysts suggest that Dogecoin’s current consolidation is signaling a calm before the storm as bulls remain confident in its long-term bullish trend, despite short-term pressure. A breakout from the tight range may be imminent.