Dogecoin (DOGE) has experienced a remarkable 40% price increase over the past week, prompting speculation about further gains. Following a breakout from a symmetrical triangle pattern, analysts are targeting $0.60 as the potential next stop for DOGE, representing a 95% increase from its current price of approximately $0.296. Trading volumes have surged, indicating strong bullish momentum, while the MVRV Z-Score suggests that DOGE is not currently overvalued, leaving room for more growth. Key support levels are being watched, with a need to hold above the 50-week exponential moving average at around $0.227. If these levels hold, DOGE could repeat last November's significant gains of 230%. The overall crypto market has also seen gains, leading to optimism about Dogecoin’s continued upward trajectory.

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