Dogecoin'S (Doge) 30% Price Breakout Incoming, Bollinger Bands Signal

Dogecoin (DOGE) is showing signs of a potential 30% rally, with technical indicators such as Bollinger Bands suggesting a possible price target above $0.16. The meme coin’s price recently rose from $0.1207 to $0.1285 within 24 hours, reflecting increased investor interest and a 3.36% gain, while trading volume climbed by 5.39% to $1.38 billion.

The Relative Strength Index (RSI) at 40.3 suggests easing bearish pressure, positioning DOGE for further gains amid a broader crypto market rebound. Increased hype and bullish sentiment, supported by on-chain data and recovering market conditions, could sustain the upward momentum.