๐ฎ๐ Dogecoin Price Outlook: Could History Repeat with a 200% Surge?
Dogecoin (DOGE) is showing a striking similarity to its 2024 rally pattern, which previously led to a 200% price surge. If this pattern repeats, DOGE could climb from $0.20 to $0.60.
Key Factors Driving the Bullish Case:
Technical Pattern: DOGE is following the same downtrend resistance breakout seen in late 2024, which triggered a massive rally.
ETF Hopes: Odds of a spot DOGE ETF approval have surged from 46% to 74% in just two days, fueling optimism.
Market Sentiment: A potential CFTC "crypto sprint" could expand DOGEโs derivatives trading, increasing institutional interest.
Price Prediction:
Short-term: A breakout could send DOGE to $0.60 (200% gain).
Long-term: ETF approval and sustained bullish momentum may push prices even higher.
With historical patterns repeating and growing ETF speculation, Dogecoin could be gearing up for another major rally. ๐
