As per Cryptofrontnews, Dogecoin (DOGE) is currently testing a multi-year support line that has historically triggered major price rallies. Analysts highlight that rebounds from this level in the past led to gains of 86.77%, 210.52%, and 442.48%. A 611% technical projection suggests DOGE could reach $1 by early 2026. On-chain data indicates accumulation, with key resistance levels at $0.16 and potential targets up to $0.25. Market sentiment has improved, supported by broader crypto momentum and whale activity. However, the GDOG ETF has seen a sharp drop in inflows, signaling caution among institutional investors.
Dogecoin Reaches Multi-Year Support Line, Analysts Eye $1 Target by 2026
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