Dogecoin Chart Signals Potential Third Bull Wave in 2025

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Based on Coinotag, Dogecoin is showing signs of a potential third bull wave in 2025, as technical charts indicate a breakout from a multi-year downtrend. Analysts note that the 25-month moving average has become a strong support level, similar to past bull cycles in 2017 and 2021. The price is consolidating near $0.195, with technical indicators suggesting a possible 4,447% increase, projecting a target of around $7.21 if historical patterns repeat.

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