Dogecoin (DOGE) saw a 5% increase, climbing from $0.163 to $0.171 due to rising institutional interest and a technical breakout beyond key resistance. Most price movement occurred on July 6, particularly between 12:00 and 13:00 UTC, when DOGE surged from $0.166 to $0.173 on significant volume exceeding 1.14 billion that was nearly six times its daily average. Analysts are closely watching the $0.173-$0.175 resistance zone, where a breakout could lead to gains towards $0.180 and $0.21. Support is currently established at $0.166, with consolidation taking place between $0.170 and $0.173. Despite macroeconomic challenges, the accumulation of large holders indicates confidence in DOGE's potential. Other market influences include the upcoming 'Liberation Day' tariff deadline and Elon Musk's new political party that might incorporate DOGE for transactions, fueling speculative interest.

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