Dogecoin Flips XRP in Active Addresses as Price Now Targets $0.195

• Dogecoin’s daily active addresses have overtaken XRP, indicating increased user engagement.
• A breakout from an ascending triangle pattern suggests a potential price target of $0.195 for DOGE.
• DOGE derivatives volume soared 71.44% in just 24 hours, surpassing the $5 billion mark.

Memecoin DOGE surpassed XRP, the $130 billion altcoin, in terms of daily active addresses, a sign of growing user engagement and network activity. TradingView data showed DOGE addresses jumping 11.2% hourly to 61,190, while XRP’s grew a more modest 8.65% to 47,280 during the same snapshot.

On the other hand, data from CoinMarketCap shows that at the time of writing, XRP is trading at $2.26 following a 7.78% 24-hour surge, while DOGE sits at $0.1816 with an impressive 11.11% rise. 

Interestingly, DOGE’s breakout from a technical pattern could explain this surge while derivatives data signals even more upside.

DOGE Targets $0.195 After Breaking Ascending Triangle

Looking at DOGE’s chart, the token broke out of an ascending triangle pattern, a bullish technical formation characterized by a flat resistance line and rising support. The resistance line was near $0.168 which DOGE …

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