Cryptocurrency analyst Mmatters has shared insights on the recent price movements of Dogecoin, suggesting that a significant breakout could be on the horizon. He elaborated on the necessary conditions for the popular meme coin to maintain any potential breakout and achieve new price peaks.
According to Mmatters, Dogecoin must surpass a specific resistance level to initiate a sustained rally. He emphasized the importance of this threshold for the coin's future performance, indicating that crossing it could lead to increased momentum and further gains.