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$DOGE Eyes $2 — Is the Moon Mission Back On Track?
#Dogecoin (DOGE), the iconic meme cryptocurrency, appears to be entering a critical phase that mirrors its historical accumulation patterns—sparking bullish excitement among traders and analysts alike. According to market observers, DOGE is showing signs of wrapping up a classic Wyckoff accumulation phase, a setup often preceding explosive price action.
Currently trading around $0.18,
#Dogecoin has been consolidating within a key range between $0.12 and $0.16—highlighted by analysts as the final accumulation zone. A return and stabilization within this "blue box" zone could mark the end of the markdown phase and the beginning of a powerful markup phase, potentially driving DOGE to new heights.
If the pattern holds, Dogecoin could rally over 1,000% by late 2025, aiming for a target of $2. Analysts also warn of potential turbulence around psychological resistance levels at $0.25, $0.50, and $1, which could cause temporary pullbacks.
Adding to the bullish case is the emergence of an Ascending Broadening Wedge on DOGE’s weekly chart—a technical formation that often precedes major breakouts. Should
$DOGE coin confirm a breakout above this wedge, the price could soar as high as $3.80, reflecting an astonishing 2,011% gain from current levels.
As community hype resurfaces and speculative energy rebuilds, traders and fans alike are watching closely. Whether fueled by market momentum, meme magic, or a tweet from Elon Musk, Dogecoin’s moon mission might just be back on track.
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