Dogecoin Poised for a 22% Rally

Krutika Adani

Pullback Rally Ahead

Dogecoin might see a pullback rally as the crypto prepares to regain $0.15.

Support and Resistance Levels

DOGE currently has a support level of $0.12 and a resistance level of $0.15. Both levels are crucial if DOGE wants a repeat of its 2021 rally.

Bullish Sentiments in Memecoin Markets

The general bullishness in the memecoin markets could explain the strong bullish sentiment in Dogecoin.

Will DOGE Remain the Largest Memecoin?

Despite other highly bullish memecoins, Dogecoin is expected to remain top with its $17.5 billion market cap.

Levels To Watch

If the price stays above $0.12, Dogecoin could regain the $0.15 level. However, if the crypto markets become more bearish, it might slide back to $0.7.