koinmilyoner
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Bullish
🐕 $2 DOGE in Sight as Legendary Fractal Plays Out Again
Dogecoin, famed for its social-media cult, may be poised to sprint toward the top border of a multiyear rising wedge at $2.
DOGE charts over two years of price activity in a wide, magenta-colored ascending wedge whose support has increased from $0.06 in late-2023 to $0.17 now and whose resistance projects to $1.10–1.60 in the coming months. DOGE is trading at $0.2219, up 8.7%, after breaking the wedge's internal trend line that halted every rise until mid-July 2025.
The roadmap traders are following is linked to the chart's swing low at $0.0491 and swing high at $0.7605 by Fibonacci retracement and extension levels. The token has recovered from the 0.382 retracement at $0.1399 and the psychological $0.20 handle to hover above the 0.50 zone at $0.1933, ahead of the technical golden ratio at 0.618 ($0.2671). Above that, fib-derived barriers stack at 0.702 ($0.3362), 0.786 ($0.4232), and 0.888 ($0.5596), with the entire retrace at $0.7605 and the 1.272 extension at $1.6017, the analyst's wedge ceiling.
The story is driven by a cyan overlay on the same chart, a fractal duplicate of DOGE's late 2024 leg placed onto the existing structure. Earlier, the coin soared 439 percent as price tagged rising-wedge support, cut through internal down-sloping resistance, retested it as support, and sped to the top limit.
DOGE revisited wedge support in late June, broke the internal trend line in mid-July, and retested it successfully this week. If the fractal continues to rhyme, DOGE could embark on a vertiginous sprint that ends where the 1.272 extension meets the wedge roof just north of $1.60.
Monthly perspective encourages bullishness. Charting Guy notes that the Relative Strength Index (RSI) may cross its 50–55 moving average bullishly. Price climbed 439 percent after the last crossing in early 2024. Momentum has fallen since that peak, but the oscillator never reached oversold territory, indicating DOGE has been base rather than topping.
#DOGE #ETHBreaks4000 #CryptoIn401k #Notcoin #USFedNewChair $DOGE
Dogecoin, famed for its social-media cult, may be poised to sprint toward the top border of a multiyear rising wedge at $2.
DOGE charts over two years of price activity in a wide, magenta-colored ascending wedge whose support has increased from $0.06 in late-2023 to $0.17 now and whose resistance projects to $1.10–1.60 in the coming months. DOGE is trading at $0.2219, up 8.7%, after breaking the wedge's internal trend line that halted every rise until mid-July 2025.
The roadmap traders are following is linked to the chart's swing low at $0.0491 and swing high at $0.7605 by Fibonacci retracement and extension levels. The token has recovered from the 0.382 retracement at $0.1399 and the psychological $0.20 handle to hover above the 0.50 zone at $0.1933, ahead of the technical golden ratio at 0.618 ($0.2671). Above that, fib-derived barriers stack at 0.702 ($0.3362), 0.786 ($0.4232), and 0.888 ($0.5596), with the entire retrace at $0.7605 and the 1.272 extension at $1.6017, the analyst's wedge ceiling.
The story is driven by a cyan overlay on the same chart, a fractal duplicate of DOGE's late 2024 leg placed onto the existing structure. Earlier, the coin soared 439 percent as price tagged rising-wedge support, cut through internal down-sloping resistance, retested it as support, and sped to the top limit.
DOGE revisited wedge support in late June, broke the internal trend line in mid-July, and retested it successfully this week. If the fractal continues to rhyme, DOGE could embark on a vertiginous sprint that ends where the 1.272 extension meets the wedge roof just north of $1.60.
Monthly perspective encourages bullishness. Charting Guy notes that the Relative Strength Index (RSI) may cross its 50–55 moving average bullishly. Price climbed 439 percent after the last crossing in early 2024. Momentum has fallen since that peak, but the oscillator never reached oversold territory, indicating DOGE has been base rather than topping.
#DOGE #ETHBreaks4000 #CryptoIn401k #Notcoin #USFedNewChair $DOGE
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