After months of silence, Dogecoin has finally stirred up a storm in the crypto market! The latest analysis by well-known crypto analyst Trader Tardigrade has sparked heated discussions: the daily chart of Dogecoin has revealed a critical turning point, strongly reversing from a continuous downward trend and officially entering a bullish channel! The technical chart can be considered a textbook-level reversal — on April 22, Dogecoin broke through the descending trend line that had dominated for weeks, closing at $0.165, heralding the end of the bear market. Even more exciting is that during the subsequent two days of correction, the trend line that originally suppressed the price transformed into strong support, successfully resisting the bears' counterattack and helping Dogecoin regain its upward momentum. This classic 'breakout - pullback - stabilization' pattern is irrefutable evidence of a trend reversal, completely shattering doubts about a 'false breakout'. From being ignored in a slump to a strong rise, Dogecoin is proving through action that the legend of meme-based cryptocurrencies is far from over! Is this strong reversal just a flash in the pan, or is it the prelude to a surge? The market holds its breath, are investors ready to embrace a new wave of wealth?
Image from X: Trader Tardigrade
Bullish target: reach $0.25 by early May
The daily chart of Dogecoin has sounded the bullish alarm, and the eyes of the crypto world are instantly focused: how far can this long-hidden 'divine dog' soar? Trader Tardigrade has made a shocking prediction — the rise of Dogecoin is not just a flash in the pan; it may continue to surge in the coming days, even aiming for the significant milestone of $0.25! The chart shared clearly marks the key target for the first week of May, and a breakthrough battle seems to be on the horizon. When Dogecoin embarks on a new round of charging, will the market witness another price miracle?
Dogecoin's breakthrough of $0.25 will welcome a key breakthrough, and the target of $2.8 may become a reality!
After 10 weeks of bear market refining, Dogecoin has finally sounded the attack horn! This meme-based cryptocurrency is making a full push towards the critical $0.25 mark. Once breached, it will not only refresh the price record since the end of February but will also stage a violent rebound with a 51% increase, laying a solid foundation for subsequent rises.
But the good show has just begun! Trader Tardigrade's in-depth analysis has ignited the market — the classic round-bottom pattern of Dogecoin has formed again, and this 'wealth code' that has triggered surges multiple times in historical cycles suggests that a larger storm is about to arrive. According to his analysis, Dogecoin's ultimate target is aimed at $2.8, and a myth of wealth with a thousandfold potential may be brewing!
Image from X: Trader Tardigrade