Dogecoin has been gaining momentum recently! The daily chart has just broken through the 10-day and 20-day moving averages, creating a beautiful 'green fat K' candlestick, showing very strong momentum! Moreover, this rebound is not just a random occurrence; it perfectly aligns with the 'golden pocket' formed at the low point of $0.14287—commonly referred to as the Fibonacci 0.5-0.618 range. If a rebound can occur in such a zone, the subsequent market movement is usually significant.
According to the technical chart, $DOGE is expected to surge to $0.28746, which is the upper edge of this golden range. And do you know what's even more amazing? This rebound coincides with a super key long-term upward trend line—this is the 'line of destiny' that caused Dogecoin to skyrocket by 400% in December 2024!
If history were to repeat itself, $DOGE would not just aim for $0.28; it might even break through the AI coin Grok's target of $0.50, and challenging historical highs wouldn't be a dream! The current price is still around $0.2202, and if it really doubles later, the yield could easily exceed 100%, and compared to the meager returns of the traditional stock market, it feels like riding a rocket!
However, as the old saying goes, 'the real moon landing plans' usually come from those low market cap altcoins that are yet to be discovered. For instance, there have been rumors recently that $MAXI (Maxi Doge) could be the next candidate for an explosion; once it hits the exchanges, some are shouting for a 1000x increase!