Dogecoin surpassed the resistance of $0.21 and turned it into support.

Dogecoin increased by 1.4% to reach $0.21, successfully breaking the $0.2026 resistance for the first time since August.

With this development, the trading volumes have risen nearly 10% above the weekly averages, indicating a strong presence of institutional interest.

Analysts believe that the breakout of DOGE from this resistance level signals a shift towards higher beta assets. This is considered a notable development within the overall market consolidation.