Dogecoin Is Likely to Continue Up to $0.3000
Dogecoin (DOGE) is down 2.2% this week to $0.2266, underperforming the broader crypto market, where Bitcoin (BTC) has declined by just 0.8% to $103,333. This follows a sharp 51% rally last week, which saw DOGE climb to $0.2595 and break through the key resistance at $0.2000. The token is now pulling back to retest this level from above, a move that could pave the way for another push towards the $0.3000 mark if the support holds.
While there are no specific internal catalysts driving DOGE at the moment, broader market sentiment remains constructive. Optimism stems from improving U.S.–China trade relations, with both countries agreeing to reduce previously aggressive tariffs and continue negotiations. Meanwhile, investors are closely watching the Federal Reserve for dovish signals that could indicate a resumption of interest rate cuts. Any such hints would likely support further gains across the crypto sector.
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