This Means Dogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart

Crypto expert Trader Tardigrade saw a bullish Dogecoin price chart trend. Based on this, the expert predicted a short-term Dogecoin price increase.

Dogecoin Price Flashes Bullish Pennant
Trader Tardigrade said on X that Dogecoin has touched the point of a bullish pennant on the daily Heikin Ashi chart. This led the expert to predict a breakthrough. He said $0.18 is a “easy target” from the pennant pole.

Dogecoin might achieve this objective before the month closes, according to the analyst's graphic. CryptoRank data indicates that DOGE, the leading meme currency, is up over 22% in October, a monthly performance only exceeded by February and March.

To reach $0.18 this month, DOGE would equal October's price gains with February's 50% return. Dogecoin reached an annual high of $0.22 in March, up 87%.

According to crypto researcher Dima James, the Dogecoin price upswing this month will continue until year-end and maybe beyond 2025. Interestingly, the expert anticipated DOGE might reach $10 and exceed it next year. Based on the 2021 bull pattern, he predicted the meme coin will repeat it.

The Dogecoin price just mimicked a 2021 bull run's ‘Reversal box’ move, according to Trader Tardigrade. Because of this tendency, the analyst anticipated DOGE may reach $3.7 next year.

Run to $3 All-Time High

Crypto expert KrissPax explained how Dogecoin may reach $3, its new ATH. The expert said DOGE's price might reach $0.35 if it breaks over $0.22, another resistance level, using the law of diminishing returns.

He predicted a break over that resistance level would propel Dogecoin to its $0.73 ATH. KrissPax expects the top meme currency will reach a new ATH at $3 in 2025. If DOGE breaks $0.14 resistance, it may surge to $0.20.

According to CoinMarketCap, Dogecoin is selling at $0.138, down in the previous 24 hours.


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