What's up, my people! Here we are, keeping an eye on the crypto movement, and there's a buzz we can't ignore. Dogecoin is being watched with a faith I can't even describe, and the charts are singing a melody that sounds like a party.
The price of Doge recovered the range of 0.20 - 0.21 USD and that, in the world of those who read candles, is an indication that things are going to get good. The sharpest analysts say that if it manages to consolidate above that point, the path opens up to 0.25, 0.33 and even 0.48 USD!
El Ali Martínez,
a crack at this, I had already sung it: the dog moved above the resistance and is accumulating strength. If it holds, we could see a jump up to 0.25 and even 0.26 USD. And watch out for Bitcoinsensus,
who set the breakout level at 0.21329 USD on the weekly chart. If that candle closes above, the bullish structure is validated and the little dog could go straight to 0.34 USD and, in the long term, up to 0.48 USD.
But it doesn't stop there. The Hailey LUNC puts the cherry on top with a well-defined double bottom pattern.
If it breaks the neck at 0.24 USD, things will shoot up to 0.33 USD in a rally that would leave many with their mouths open. And to top it off, Trader Tardigrade dropped a bomb:
Doge is repeating a descending wedge pattern from 2024. What does that mean, my friend? If history repeats itself, we could be seeing Dogecoin not only at 0.70 USD but reaching a dollar! 🤑
So, while Bitcoin continues with its momentum, altcoins like Doge are feeling the power. The play is set, and the question is: will this be the start of the next Doge rocket or will we be left waiting at the station? We need to be alert, because those who don’t jump on board will just see the smoke.$DOGE
