Dogecoin continues to maintain the level of 0.14 dollars.

Dogecoin Celebrates Its 12th Birthday

Dogecoin is celebrating its 12th birthday, while market reactions are focused on various technical patterns and network activity. The cryptocurrency's price has been consolidating within a narrow range. Investors have shown active buying interest at the lower band, and it is noted that there is potential for a bullish breakout.

Network Activities at Three-Month High

The increase in active addresses and tightening volatility could be indicative of an upcoming directional movement. 0.16 dollars holds critical importance as a breakout threshold for the bulls. Market participants believe that if the price can maintain itself above this level, a broader upward trend could begin.