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Dogecoin trades near $0.11, eyeing a breakout above $0.11799 for potential rise to $0.15

Technical Signals
18 May 2026, 11:00 WIB
Blockonomi
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Neutral
Dogecoin trades near $0.11, eyeing a breakout above $0.11799 for potential rise to $0.15

Dogecoin (DOGE) is trading around $0.1105 with a market cap of $18.73 billion, showing sideways movement and a slight 1.23% gain in 24 hours. Technical analysis highlights resistance at the 0.618 Fibonacci level near $0.11799, which DOGE must surpass to target $0.13–$0.15. Market observers note a consolidation phase after a liquidity purge, with historical cycle comparisons suggesting this period as a calm before a potential significant move. Trading volume and open interest have declined, indicating cautious investor sentiment, while funding rates remain slightly positive, hinting at some bullish expectations.

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