Dogecoin price has jumped 24.57% in 8 consecutive bullish candles. DOGE surged 62.64% from its recent low of $0.08049 on August 5th. The price action completed a rounding-bottom reversal after surpassing $0.1282. MACD shows a positive crossover with growing momentum and bullish histograms. The 50-day EMA uptick increases the likelihood of a golden crossover soon. Dogecoin social activity spiked to a 12-month high, with dominance increasing by 1.55%. DOGE faces resistance at $0.14, resulting in a long-wicked intraday candle. The uptrend has surpassed the 23.60% and 38.20% Fibonacci levels. The next price targets are $0.14404 at the 50% Fibonacci level and $0.1591 at 67.80%. DOGE may reach $0.1835 if the bullish trend continues with broader market recovery. Key support levels stand at $0.1151 and $0.10 psychological mark. Market sentiment remains bullish at 84%, despite a 10% decline.
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