Dogecoin remains range-bound, trading at $0.1225, as gold experiences a mania phase. The cryptocurrency’s price action is confined between support at $0.1214 and resistance at $0.1251. Historically, Dogecoin’s stagnation aligns with periods when gold’s momentum dominates, with DOGE typically entering a high-volatility phase once gold peaks and stagnates.
Currently, Dogecoin’s price structure mirrors past cycles where it remained stagnant during gold’s active momentum phases. This pattern suggests a potential for future volatility once gold’s momentum slows. DOGE’s BTC valuation remains stable at 0.051396 BTC, with no significant intraday changes, reflecting continued consolidation within a narrow trading range.
