Pattern That Led To Dogecoin Price 36,000% Surge In 2021 Has Emerged Again, W...
Dogecoin just endured a sharp weekend drawdown, slipping back below the $0.20s after failing to extend its early October rebound. This decline was enough to wipe out many weeks of steady gains and shake retail sentiment. However, amid the volatility, the monthly chart is still bullish. Despite the weekend crash, Dogecoin is well above its 25-month moving average and is trading near the same structural zone that preceded past parabolic rallies. This setup caught the attention of a technical analyst on X known as EᴛʜᴇʀNᴀꜱʏᴏɴᴀL, who pointed out that the same pattern that preceded Dogecoin’s....
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The Dogecoin price may be poised for a significant rebound, as a familiar long-term pattern has emerged on its chart. According to technical analysis, the structure looks almost identical to a setup that triggered a major breakout in its previous cycle, from 2023 to 2024. With Dogecoin currently at a crucial support level that once marked the start of its last sustained rally, a crypto analyst has projected that the meme coin could enter a new bullish phase, potentially driving it above $1. Past Pattern Foreshadows Dogecoin Price Surge To $1 Crypto analyst Trader Tardigrade has predicted....
Dogecoin has yet to hit its previous $0.74 all-time high from 2021, but nevertheless, $1 has remained the target for the altcoin this cycle. This is due to the expectation of another altcoin season that could send the price on a similar run that was seen in 2021. However, if the Dogecoin price were to actually see a repeat of what happened in the past two previous bull cycles, then the $1 mark may only be a starting point, given how high the price could go. Dogecoin Price Mirroring Past Cycles Crypto analyst Trader Tardigrade has noticed an eerily similar pattern on the Dogecoin price....
The Dogecoin price may be preparing for a powerful breakout after a long period of sideways trading and consolidation. A recent market outlook suggests that DOGE is forming a bullish structure that could lead to a strong upward move. However, analysts warn that the best buying opportunities remain limited to specific lower price levels before the next major rally begins. Chart Pattern Signals Dogecoin Price Breakout Toward $0.5 Market analyst Elite Crypto noted in a recent post on X social media that the Dogecoin price appears to be forming a major breakout pattern, signaling a potential....
The Dogecoin price chart hints at a potential ascending triangle pattern formation, which could propel its price to new levels. In an X (formerly Twitter) post, a crypto analyst revealed that if the popular meme coin succeeds in creating this bullish technical pattern, it could trigger a price surge to $0.56. Dogecoin Price Eyes $0.5 […]
A Dogecoin cup and handle pattern has returned to the chart, which could be pointing to another recovery trend. The chart pattern was highlighted by crypto analyst Melikatrader on a TradingView post, showing that there could be a reversal coming for Dogecoin soon. The analysis further explains how the formation came about and what this could mean for the meme coin’s price as another week of trading gets underway in the current bearish environment. Understand The Dogecoin Macro Cup And Handle Pattern Interestingly, the formation of the macro cup and handle pattern didn’t just start....