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

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📈 Technical indicators show upward 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 from 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 step that historically precedes large price increases for Dogecoin.

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