DOGE Technical Analysis: Breakout Rally Surpasses $0.15, Buyers Eye $0.20

DOGE coin price shows the rounding bottom breakout rally gaining momentum and heads to the 200-day EMA. Will the uptrend surpass it to reach $0.20? Key technical points: DOGE prices have increased by 5.55% in the past 24 hours. In addition, the prices surpass the 100-day EMA. Finally, the 24-hour trading volume of Dogecoin is $2.50 Billion, marking a 115% rise. Past Performance of DOGE A bullish reversal from the retest of rounding bottom breakout ignited the DOGE recovery rally on April 3rd. The post-retest rally soared the memecoin by almost 10%, surpassing the $0.15 resistance level. Moreover, the buyers continue to stampede above the selling activity observed yesterday above the $0.15 level and form a bullish candle. Source-Tradingview DOGE Technical Analysis DOGE price action retains the buyers’ interest showcased by the surge in trading volume and the rally above $0.15. Therefore, the possibility of the uptrend continuing to reach the $0.20 mark increases substantially. The crucial daily EMAs (50, 100, and 200-days) display bearish alignment, but the apparent reversal in the 50-day EMA increases the bullish crossover possibilities. Moreover, the price trend continues to approach the 200-day EMA after outperforming the 100-day EMA. RSI Indicator: The RSI slope spike to test the overbought boundary in the daily chart with the support of the 14-day SMA. Hence, the outstanding growth reflects the boom in underlying bullishne...