Dogecoin accelerates, aiming for a breakout target of $0.18

Dogecoin ( $DOGE ) is accelerating, with price action forming higher lows —a bullish sign indicating steady consolidation. Memecoin is currently struggling to regain the $0.18 level, a key resistance level that could open the door for further bullish momentum. What drives DOGE price? There are several factors that contributed to Dogecoin's price surge, including: Trading volume increases as buyers join. Positive perception of memecoins in the cryptocurrency market in general. Speculate on applicability and new use cases. If Dogecoin breaks out of $0.18, the price could continue to accelerate, with the next major resistance at near $0.20.

Will DOGE continue to rise? With bullish momentum taking shape, Dogecoin's price trajectory remains promising. As long as higher lows continue to form, DOGE could maintain its uptrend and challenge new highs in the coming weeks. Conclusion Dogecoin is making strong moves, with the price structure geared towards continuous growth. A decisive breakout of the $0.18 level could further strengthen the bullish case for DOGE, bringing it closer to the next major price targets.