Cover image via U.Today
Dogecoin (DOGE), the popular dog-themed cryptocurrency, is at a critical juncture that will significantly influence its future price movement.
Crypto analyst Ali predicts two possible scenarios. A successful defense of the $0.16 support level could propel DOGE to $0.57. Conversely, a failure to hold this level could lead to a drop to $0.06. Ali tweeted, "Dogecoin DOGE is at a make-or-break level. If $0.16 holds, a rally to $0.57 could follow. If it fails, a drop to $0.06 becomes likely."
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