Dogecoin Seeks Sustained Breakthrough Past $0.1 as Musk Revives Interest

Elon Musk's recent comments have sparked renewed interest in Dogecoin (DOGE), a cryptocurrency that has been testing the $0.1 price level.

The Tesla and SpaceX CEO drew attention to an archived screenshot of his profile from the NFT boom with 'lol,' and later posted something with the DOGE tag, which some interpreted as a Dogecoin post, signaling his ongoing interest in the dog-themed cryptocurrency.

Despite reaching highs of $0.102 on September 21, and briefly surpassing $0.1 on several occasions, including Friday and Saturday, the price has yet to sustainably break through this level.

A decisive breakout past $0.10 is crucial for Dogecoin's next major price move, with potential targets at $0.11 and $0.14 ahead of $0.18 and $0.2 levels.