Recently, the performance of DOGE has been remarkable. From a technical analysis perspective, DOGE is forming a rising triangle pattern, which typically indicates a significant price fluctuation of about 50% may occur in the future.

In the past week, the price of DOGE has risen by about 20%, successfully breaking through the previous consolidation range. Currently, its price is around $0.235, approaching the key resistance level of $0.25.

If DOGE can firmly break through the 0.25 USD mark, it is likely to continue rising to the range of 0.28 to 0.36 USD. Several technical indicators also support this bullish view: the MACD indicator has turned positive, short-term buying momentum has significantly increased, and trading volume is also on the rise, indicating good market participation.

However, investors also need to be wary of potential risks. Data shows that currently 84% of DOGE holding addresses are in a profitable state, which means that a portion of investors may choose to take profits, putting some pressure on the price.

Overall, DOGE is at a critical turning point. Whether it can break through $0.25 and continue to rise will determine its future trend. For investors focused on this digital asset, closely monitoring the changes at this price level is crucial.

It is worth noting that the cryptocurrency market has always been highly volatile. Investors should fully understand the associated risks and conduct comprehensive market analysis before making any investment decisions.