$DOGE DOGE is currently trading around 0.192 USD, with technical indicators and chart patterns suggesting a bullish potential of up to 82% and approaching the target of 0.35 USD. Some supporting factors for this forecast include:
- *Symmetrical triangle pattern*: DOGE is forming this pattern on the daily timeframe, which is often a continuation trend signal. The price is likely to breakout and rise sharply after accumulation.
- *Fibonacci retracement*: DOGE's price has surpassed the 0.236 retracement level and is heading towards the 0.382 and 0.618 levels, corresponding to price levels of 0.253 USD and 0.314 USD, respectively.
- *Network activity*: The number of new addresses and large transactions has surged, indicating interest from both large and small investors.