Dogecoin Price Analysis: DOGE breaches $0.29 resistance again, will it rally?

TL;DR Breakdown Today’s Dogecoin price analysis indicates bullish signals for the next 24-hours Dogecoin’s market choppiness index is highDOGE is preparing to rally once again. Today’s Dogecoin price analysis indicates bullish signals for the next 24-hours as the meme coin prepares to enter the weekend. We are expecting the DOGE/USD pair to continue moving higher and test previous highs.  The overall virtual currencies market has been trading bullishly for most of the day, with Bitcoin gaining 2.44 percent and crossing the $50K mark. Ethereum rose by 6 percent and is currently trading slightly below the $4K mark. Solana is the best-performing coin and has already crossed into the $140 region after rallying by 21 percent.  Dogecoin price movement in the last 24 hours: Dogecoin moves sideways between $0.29 – $0.31 According to our daily Dogecoin price analysis, DOGE/USD has performed within a daily range of  $0.2805 – $0.3020, indicating a mildly distributed amount of volatility over the last 24 hours. The total trading olume in the meme coin market increased by 8 percent to a sum of $6.54 billion.  DOGE/USD 4-hour chart: DOGE prepares to rally again? On our 4-hour Dogecoin price analysis chart, we can see the DOGE/USD attempting to find and build support at the $0.3 mark following a decisive break out above $0.29.  Source: TradingView Dogecoin price movement has traded with a strong bullish momen...