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Dogecoin is approaching a 20% price jump: is it time to buy?
Do not leave until you leave your mark
Dogecoin (DOGE) is experiencing significant upward momentum after breaking a six-month downtrend, indicating a possibility of a 20% price increase if the coin closes above the $0.106 level. DOGE is currently trading near $0.1053, with a 23% increase in trading volume, reflecting growing interest from traders.
The technical indicators support this view, as the Relative Strength Index (RSI) rose and the open interest in futures contracts increased by 9.2%. With a positive buy/sell ratio, DOGE appears ready for further upside if this momentum continues.