Although Dogecoin’s price has fallen over the past day, the meme coin has performed well over the past week.
Dogecoin broke through the key resistance level of $0.22, which had been inhibiting its rise since late April, and rose from a low of $0.16428 in May to a high of $0.259 on May 23.
The breakout coincided with the overall market sentiment turning bullish as many important altcoins also rose.
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{Spot}(DOGEUSDT)