Dogecoin, the flagship meme coin, is facing a major challenge as it aims to reclaim the $0.20 level as new support. The cryptocurrency is on track for further upside, with potential to surge to $0.30. Currently valued at $30 billion, Dogecoin has surged nearly 7% over the past 24 hours, now changing hands at $0.215. There is anticipation as the pivotal monthly close approaches to see whether Dogecoin will manage to remain above the make-it-or-break-it level. Meanwhile, Bitcoin is also in focus, aiming to close a weekly candle above its all-time high, positioning it for a breakout. At press time, Bitcoin is being traded at $70,561 according to CoinGecko data.