Dogecoin Shows Bullish Signals: Could Repeat the Legendary Surge

Cryptocurrency analyst Martinez pointed out that Dogecoin (DOGE) is on the verge of a breakout. According to the chart shared, once Dogecoin touches the middle line of the ascending channel, the price is expected to surge to $1, or even as high as $1.9; if it breaks through the upper limit, $20 is not out of reach.

Looking back, Dogecoin's performance has been astonishing. It surged over 200% in 2017, and after a pullback, it skyrocketed 5000%; in 2021, it first rose 476%, then after a pullback, it surged 12000%. Now, in this round, Dogecoin has risen 440%, with a 46% pullback, according to the 'historical script', a new round of rebound may start at any time, as the TD Sequential daily chart has shown buy signals, with a short-term push to $0.48 expected.

Currently, Dogecoin is nearing the critical node of the second wave of upward momentum, and a rebound is imminent. At the same time, the Ethereum chain's Musk-themed 𝑝𝑢𝑝𝑝𝑖𝑒𝑠 project is booming, with excellent community operation and remarkable technological innovation, similar to Shiba Inu back in the day, its potential should not be underestimated. Investors can conduct in-depth research to accurately seize the opportunity for wealth.