Dogecoin Could Reach $2 This Cycle After Bull Flag Formation
This uptrend may be well-suited for Dogecoin. A double-bottom chart pattern suggests a Dogecoin situation, according to Trader Tardigrade in another X article. He stated that DOGE had two identical lows with neckline resistance at $0.46.
The crypto researcher also noted that a positive MACD crossing has increased Dogecoin's purchasing power. The next leg of the DOGE bull run might breach this barrier at $0.46 and rise to $0.5, according to his research.
The bull flag on the Dogecoin price chart suggests this surge to $0.5 is the start of the anticipated rally to $2.15. Trader Tardigrade has already predicted further positive Dogecoin trends in this market cycle. The expert anticipated DOGE may reach $30 this cycle and advised market players to take gains around $10.
Possible Next Steps
Crypto expert KrissPax predicted Dogecoin's next move. He said that DOGE's double-bottom pattern and fractal from prior price action suggest a likely advance up through Monday and an upward trend till Christmas. However, the crypto researcher warned of falls.
KrissPax, like Trader Tardigrade, noted DOGE's daily bull flag. He said this bullish trend suggests Dogecoin will hit $0.69 by year's end. This would shatter Dogecoin around its ATH of $0.73.
Crypto whales may be anticipating this Dogecoin rise. Crypto expert Ali Martinez said these investors acquired 160 million DOGE in 24 hours.
