🔥 Dogecoin Targets 60% Rally—Breakout Imminent! 🚀🐕
Dogecoin could surge by 60% if it successfully breaks above its current ascending channel. A move past the \$0.243 resistance level could launch DOGE to \$0.40. With strong volume, the market could see consistent upward momentum, according to analysts.
If DOGE hits \$0.40, further gains could follow — potentially reaching \$0.75 and even \$1, which would mark new all-time highs. Despite occasionally trailing other meme coins, experts believe Dogecoin is set to lead the meme sector again in the coming weeks.
Now that DOGE has cleared the key \$0.20 level, it's on track to hit \$0.42 or higher. Potential catalysts include the launch of Dogecoin ETFs, which Bloomberg analysts James Seyffart and Eric Balchunas believe have a 90% chance of approval this year.
The price is expected to climb to \$0.28–\$0.30, and possibly beyond, as long as Bitcoin remains strong. DOGE/BTC recently broke a trendline while forming a bullish Cup-and-Handle pattern — a sign it may outperform Bitcoin in the near term. Trader Tardigrade also hinted that DOGE could soon see a dramatic price spike — a so-called “God candle” — on its BTC pair.
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