Dogecoin: Stock RSI Flashes Buy, Can DOGE Break $0.24 Resistance?

• Stock RSI signals bullish momentum, hinting at a potential DOGE breakout rally.
• DOGE eyes $0.6533 target after breaching key resistance, with a 318% surge possible.
• Elliott Wave Theory supports the bullish trend as DOGE exits the correction phase.

Dogecoin (DOGE), appears to be on the verge of a significant price rally, with technical indicators signaling a bullish breakout. 

The Stock RSI indicator suggests momentum is shifting, resembling past breakout points that led to massive price surges. 

Analysts predict that DOGE could be gearing up for an explosive move upward, with a potential rally of 318% based on historical patterns and market dynamics.

Key Technical Indicators: Is a Breakout Imminent?

Recent price movements show DOGE trading around $0.16760 after pulling back from its recent high near $0.50. Historically, Dogecoin has experienced substantial gains following periods of accumulation, with past rallies reaching 88.29%, 187.46%, and 444.60%. 

According to analyst Ali Martinez, the Stock RSI indicator is nearing a bullish crossover, indicating that momentum is shifting in favor of buyers. If history repeats itself, DOGE could be on track…