Dogecoin’s market capitalization rose to 62.58 billion USD, reflecting an impressive 15% increase despite an 8% price drop following organizational changes involving Elon Musk.
The trading environment for DOGE has become active, with price volatility reaching 1.15 and open interest increasing by 33.98%, marking a growing interest among traders.
Looking ahead, maintaining above 0.20 USD may allow Dogecoin to target resistance at 0.243 USD, while a bearish trend could lead to a drop towards 0.16 USD.
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