On January 17, 2025, the price of Dogecoin (DOGE) surged by 10%, reaching $0.42. This price movement indicates a potential trend reversal, as a close above $0.40 could signal stronger bullish momentum. Since November 11, DOGE has consolidated between $0.30 and $0.45.
The cryptocurrency market is experiencing renewed interest ahead of President-elect Donald Trump's anticipated return to the White House, with traders speculating that DOGE could see another significant breakout this week.