Based on TheMarketPeriodical, Dogecoin price is showing signs of a potential 18% breakout as classic bullish patterns reappear on multiple time frames. Analysts highlight a tightening consolidation phase, inverted head and shoulders pattern on the four-hour chart, and a falling wedge structure indicating reduced downside pressure. The price has retested key support levels and is approaching a potential breakout above $0.155. Long-term charts suggest a larger bullish structure, with traders monitoring the $0.29 level as a potential breakout zone. Analysts also point to historical cycle patterns that could lead to a significant price move toward $5 if the trend repeats.
Dogecoin Price Eyes 18% Breakout as Classic Patterns Reappear
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