Hey, my people who are not afraid of risk! 📈 Do you remember when Dogecoin blew our minds? Well, an analyst says that the best could be yet to come, even though right now it's quieter than a photo. 😴 But... will they really fuel the Dogecoin rocket? Let's see if this story is real or pure fantasy!
Get ready! Because, according to analyst 'CryptoELITES', Dogecoin has not said its last word. 🚀 This guy claims that, although DOGE has been on a downward trend, following a historical pattern, it could be ready for a takeoff that would take it to $5! 🤯 How does he see it? Well, he says that Dogecoin has been making a pattern of "descending triangles" for years. It's like the price is getting tighter and tighter, and just when it can't take it anymore... BAM! It explodes upwards with all its might. 💥
Historically, this pattern has repeated itself in other bullish cycles, and every time it has happened, Dogecoin has surpassed its previous high. Right now, the chart shows that DOGE is right in the zone where, according to the pattern, it could start accumulating and preparing for that vertical rise. 👀
But beware, not everything is dreaming of the rocket. Another analyst, James Bull, says that in the short term, Dogecoin must defend a key support level at $0.19538. 🛡️ If buyers step up and do not let it fall below that, a short-term reversal could be confirmed, which would signal that something bigger is coming. If it succeeds, the next target in sight would be $0.27144. 🎯
So, the landscape is at stake. Will we see Dogecoin revive its glory days and multiply its value like crazy, or will it remain just a dream? The key lies in historical patterns that, if fulfilled, could give us a major surprise. 😲$BNB $DOGE