Dogecoin Price Hits $0.0848 as $0.09 Resistance Looms

Dogecoin's price has continued its recovery from August lows, rising by nearly 3% to reach $0.0848 on Sunday, September 13.

This increase follows a difficult few months for DOGE, which dropped from above $0.11 in May and briefly fell below $0.07 in August.

While some analysts believe the memecoin may be forming a base for a more significant rebound, it still faces an obstacle at $0.09 before it can gather enough support to target $0.10.

The recent rise has been steady, with buying strength evenly dispersed among the price's range without unusual bursts.

According to some analysts, if DOGE breaks through the resistance near $0.09, it could potentially move beyond $0.10 and bring other targets such as $0.176 or $0.279 into view.