price bounced recently from a long-coming support trendline
Dogecoin (DOGE)
As the segment leader and the top meme coin, Dogecoin (DOGE) ranks 9th amongst the top 10 cryptocurrencies per market cap globally. DOGE traded at $0.1045 and has a market cap of $15.19 Billion.
The price bounced recently from a long-coming support trendline, if it breached the upper border of the wedge, then DOGE would start a new bull run in a falling wedge pattern. With the recent surge, the meme coin reclaimed the $0.097 level and displayed 26% gains from August 5th.
With an increased breakout chance, Dogecoin can reach $0.22, a 120% surge from the current market price.
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