Major Cardano Update, Fresh Dogecoin Price Forecast, and Growing Hype Around XRP Competitor Remittix

The price of Dogecoin is stagnating around the 0.2 mark with low volume, which is slowing an upward movement. The most important obstacle traders need to overcome to start a new rally is the resistance at $0.218.

If Dogecoin price breaks this mark, we are talking about a price target of $0.30 and even higher, reaching $0.50. The coin is already up over 40% this quarter, indicating that it is capable of rising quickly when sentiment changes. Analysts, however, warn that weak business activity could delay any major recovery in the near term.