Dogecoin (Doge) is once again catching traders’ attention after a steady price rise this week. The meme coin has climbed around 6%, but the real story is what’s happening behind the chart. Crypto analyst Ali Martinez highlights a key resistance level that is being tested again and again.
So, is DOGE finally ready to break out?
Dogecoin (DOGE) Gets a Major Regulatory Boost
Dogecoin’s recent price rise comes after a major regulatory update. The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have now classified Dogecoin as a digital commodity under a new crypto framework.
This clearly separates DOGE from digital collectibles and other token types. It is now placed in the same category as Bitcoin and Ethereum, which brings long-awaited clarity to the…
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Source coinpedia.org
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