Dogecoin Price Prediction: Will $0.055 Act as a Springboard for Next Recovery?

Amid a recent surge in the broader crypto market, the DOGE price attempted a notable breakout from a year-long, downward-sloping trendline that has been guiding its correction. However, the failure to maintain levels above this breached barrier led to a price reversal, indicating that overhead supply pressure remains strong, as does the ongoing correction.