#AltcoinSeasonLoading #Dogecoin, the beloved cryptocurrency, is back in the spotlight as analysts and enthusiasts expect a significant price surge. Technical indicators and market patterns suggest that DOGE may be on the verge of a major breakout, with predictions reaching up to $1.30.

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📈 Technical indicators show bullish momentum

Recent analyses highlight several bullish patterns forming in DOGE's price movement:

Weekly moving averages: DOGE has surpassed its 50-week moving average after bouncing off its 100-week moving average, a pattern reminiscent of its rise in 2017.

Relative Strength Index (RSI): The weekly RSI has crossed above its moving average, a move that historically precedes significant price increases for Dogecoin.

Bullish flag formation: A bullish flag pattern is emerging, indicating the potential for a breakout towards the $1.30 target.