GaetanoRE

Binance announced today the listing of the $SIGN currency on its platform. The Sign currency was one of the currencies that came from the Hodler Airdrop, in addition to Binance's investment arm being an investor in it.
Therefore, there is significant interest in the currency, but some are unaware of the currency project. In this article, we will delve into the details of the currency project and everything you need to know about it.

$DOGE



📊 Trade Idea

All trade details are shown in the label box on the chart, including:
• Target Price
• Signal Price
• Expected Profit %
• Reliability(%) & Entry Price 1
• Reliability(%) & Entry Price 2
• Stoploss Price
• Estimated Time

Risk/Reward ratio and other technical details are marked on the chart.

⚠️ This is not investment advice.
Beyond Technical Analysis

Despite the recent crypto-wide market downturn, a widely-followed crypto analyst suggests that the original meme coin Dogecoin could be primed for a mega price bounce.

According to the analyst, the latest pullback has produced a near-perfect cup-and-handle pattern on Dogecoin’s price chart. As such, he believes this bullish setup signals the start of a sustained run to $5 in the foreseeable future.

Mapping Dogecoin’s Road To $5

In a Tuesday post on the X social media platform, crypto strategist CryptoELITES noted that a “big move” is already underway for Dogecoin.

In an accompanying DOGE price chart, the anonymous crypto commentator illustrates the formation of a cup-and-handle pattern.

A cup-and-handle setup is a bullish technical formation that appears when the price drops initially, followed by a U-shaped recovery resembling a “cup.” The recovery is then followed by a period of consolidation, which looks like a “handle.”

In technical analysis, the pattern typically resolves when the price breaks above the handle and rises by as much as the maximum distance between the cup’s trough and the neckline. A successful breakout from a cup-and-handle pattern can spark a meteoric rise since the setup confirms a trend bottom and then a higher sideways consolidation during its formation.

That puts the doggy-themed crypto’s cup-and-handle breakout target at around $5, up by more than 2,300% from current price levels.

Analyst Predicts Major Breakout For DOGE In 2025

In the meantime, analyst Trader Tardigrade has suggested that Dogecoin is approaching a potential breakout that will result in a double-digit price, indicating that the $5 prediction is rather conservative. 

In his Feb. 25 post on X, Trader Tardigrade proclaimed that a 4,635% rally to $10 DOGE is possible this cycle based on historical patterns.

According to his analysis, the meme coin has historically endured a massive price correction just before a “super HUGE bull run.” He observes in a chart that the canine-themed meme coin followed a similar pattern in 2017 and 2021, falling 60% and 56%, respectively.

Nevertheless, DOGE rose significantly from there, registering 8,900% and 30,500% price eruptions in 2017 and 2021.

Tardigrade stressed that Dogecoin had concluded a 50% retreat from its January high and successfully retested the levels from where the structure broke. Therefore, the asset’s next target is $10.