๐๐จ๐ ๐๐๐จ๐ข๐ง ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ฑ๐ฉ๐ฅ๐จ๐ฌ๐ข๐ฏ๐ ๐๐จ๐ฆ๐๐ง๐ญ๐ฎ๐ฆ: ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐๐ซ๐๐๐ข๐๐ญ ๐๐ก๐๐ซ๐ฉ ๐๐ฉ๐ฌ๐ข๐๐๐๐๐
The cryptocurrency landscape is buzzing with optimism as Dogecoin (#DOGE ) continues to consolidate after its impressive OctoberโNovember rally. Crypto analyst KrissPax recently highlighted a bullish outlook for DOGE, citing technical patterns that hint at a potential breakout.
In a recent post on X, KrissPax pointed to Dogecoin's 2-hour chart, noting a rising triangle pattern. The structure, marked by a flat top resistance line and ascending lows, reflects strong bullish potential. DOGE, currently stabilizing around $0.40 after its parabolic rise earlier this quarter, appears ready for another upward move. Analysts like Master Kenobi and Kevin Capital have emphasized that the coinโs price behavior mirrors historical trends, suggesting that history could repeat itself soon.
#Dogecoin โs current 25-day consolidation mirrors the same duration seen after its last bull phase, hinting at a likely resurgence. Master Kenobi projects that DOGE could rally to $1 in the coming days, with a potential long-term target of $2.90. Meanwhile, Bluntz Capital, another prominent crypto figure, predicts a dramatic breakout, describing the next price movement as a "violent upside move" that could propel DOGE to $0.60 and beyond.
Crypto strategist Crow further underscores the importance of holding DOGE, suggesting it may challenge its all-time high of $0.73 on the next rally. With analysts aligning in their forecasts, Dogecoin seems poised to reclaim its position as a market leader, captivating both investors and enthusiasts alike.
