Dogecoin Price Prediction: Is $0.2 a Realistic Target in May 2024?

Dogecoin Price Prediction: DOGE, the largest meme cryptocurrency by market cap, has recently rebounded from the rebound from the combined support of $0.1225 and a 200-day EMA slope. The bullish turnaround propelled the coin value by 39% within four days to currently trade at $0.167. Moreover, the Meme coin sector recovery gained significant traction from the Bitcoin price upswing above $62000, bolstering Dogecoin buyers to break the current correction trend for a rally above $0.2.