🚀 DOGE Eyes $2 — Is the Moon Mission Back On Track?
Dogecoin has been negotiating a classic accumulation period like past cycles before spectacular price swings. Based on this unique historical price behavior, the analyst is confidently projecting a significant breakout and a 1,000% rise that might see the meme currency blast past $2 before the end of the year.
In its early 2021 cycle, Dogecoin moved laterally and spent months consolidating in a fixed range, according the chart, following a standard Wyckoff accumulation.
The blue box on the chart indicates this range, which has been underlined as a main purchase zone between around $0.12 and $0.16. Especially, this important zone is the last one where the price of Dogecoin might be changed before releasing more.
Returning inside this range would finish the historical pricing structure and provide a perfect starting point prior to the markup phase starts. Now Dogecoin is nearing the end of its markdown period and is ready for a possible bullish breakthrough.
Over the next months, Dogecoin may progressively climb higher. By late 2025, this might result in a full-fledged movement to $2, a figure over 1,000% above existing rates.
Around levels like $0.25, $0.5, and $1, Dogecoin might still suffer volatility, retracing, and psychological barriers that would slow down its ascent.
Future price of Dogecoin shows a possible surge to $3.8. The development of a positive Ascending Broadening Wedge formation on the weekly chart of Dogecoin supports this hopeful projection.
A verified breakthrough above this level might support the wedge and maybe start a notable price increase. Based on the observed movement from the broadest point of the wedge, the analyst emphasizes a predicted route to $3.8, thereby reflecting a huge 2,011% leap from current prices around $0.18.
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