๐Ÿถ๐Ÿ“ˆ Dogecoin Price Analysis: Ascending Triangle on 2-Hour Chart Shows $DOGE Is Still Very Bullish ๐Ÿš€๐Ÿ”ฅ

Crypto analyst KrissPax maintains a bullish outlook on Dogecoin, despite its recent consolidation phase following a strong rally in October and early November. DOGE is trading within an ascending triangle pattern on the 2-hour chart, featuring higher lows and flat top resistance, a classic setup for a bullish breakout.

๐Ÿ“Š Bullish Patterns Confirmed
KrissPax and fellow analyst Rekt Capital highlight the ascending triangle as a strong indicator for a potential rally. Rekt Capital predicts a breakout could push DOGE to $0.56, while other analysts like Master Kenobi see potential for a pump to $1 and eventually $2.9.

๐Ÿ’น Consolidation Before the Next Move
DOGE has been consolidating around $0.4 for nearly 25 days, similar to the consolidation seen during its last bull run before a major rally. Analysts believe history may repeat itself, setting the stage for another significant upside move.

๐Ÿ”ฅ "Violent" Upside Ahead
Bluntz Capital predicts an explosive breakout, with DOGE potentially surging to $0.6 in its next leg up. Other bullish forecasts from analysts like Crow suggest the meme coin could surpass its all-time high of $0.73 in the near term.