#DOGE 🚀🚀🚀
If this trend continues, Dogecoin may follow BTC and reach a new peak. 🎉🎉🎉
Bitcoin reached a new all-time high of $107,780.58 on December 17, with the bitcoin price surge contributing to a nearly 15% monthly gain and about a 150% annual increase.📈📈📈
Many attributed the weekly drop in DOGE's price to rising inflation in the U.S., which caused panic among investors. These investors are likely hesitant to invest in risky assets such as Dogecoin.
Onchain market analyst Ali Martinez noted whale activity as a positive momentum indicator for DOGE. The analyst predicts that DOGE may return to its all-time high of $0.7376.
Additionally, crypto analyst Trader Tardigrade recently pointed to a bullish breakout from a 'Symmetrical Triangle' pattern.
This technical formation, often associated with rising price trends, predicts that Dogecoin is in for another bullish surge. Tardigrade predicts a price target for DOGE between $8 and $10, which represents significant growth potential for loyal holders.