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Since the beginning of 2023, DOGE has shown a remarkable rise, with its price movement resembling a steady ascending channel. This trend not only provides strong support for DOGE but also becomes a key driving force for its continued ascent.
Looking back at the performance of DOGE in recent years, it is not difficult to find its amazing growth potential. At the beginning of 2024, the price of DOGE achieved an increase of 84%, followed by an astonishing growth of 194% in the latter part of the same year. Even more shocking is that by mid-2025, the increase of DOGE reached a historical high of 446%.
These data strongly prove the strong rise momentum of DOGE. Market analysis generally believes that DOGE still has a growth space of 5 to 6 times, with the potential to break through the key price range of $0.60 to $0.70.
However, investors should not overlook potential risk factors. If the price of DOGE falls below the long-term rise trend line, it may indicate the end of its upward momentum and could even trigger a larger price correction. In addition, the historical high near $0.60 will also become an important threshold for DOGE's future price movement, and breaking through this level may require considerable market momentum.
Therefore, for investors interested in DOGE, it is crucial to closely monitor the changes in these key price levels. Only through accurate judgment of the market movement can one seize the opportunity in this cryptocurrency market filled with opportunities and challenges.