Dogecoin (DOGE) experienced a 1.8% price increase on Tuesday, surpassing the $0.1988 resistance level. This movement was accompanied by a significant 170% surge in trading volume, reaching 674.52 million tokens. The cryptocurrency briefly tested the $0.20 psychological barrier before stabilizing near session highs, driven by strong institutional inflows.
Technical indicators and on-chain data point to accumulation behavior, with analysts monitoring a potential advance towards the $0.2020–$0.2050 range if the $0.2003 level is confirmed. The recent activity highlights growing interest and momentum in Dogecoin's market dynamics.
Dogecoin Surges Past $0.1988 Amid 170% Spike in Trading Volume
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