Dogecoin Price Confirms Retest with Massive Wedge Breakout, Bullish Action to Send DOGE Above $1

Scott Matherson By Scott

Dogecoin price appears to be in the early stages of bullish momentum with the recent move in the past 48 hours. In particular, the bounce saw Dogecoin retest the $0.34 price level in the past 24 hours. Notably, the technical analysis of Dogecoin price action shows that the meme coin could now be preparing for a significant move towards the $1 level and beyond.

Dogecoin Price Retest Confirms Expanding Wedge Breakout

According to technical analysis, the recent price action has seen Dogecoin retest the expanding wedge pattern. Notably, this interesting phenomenon was noticed by cryptocurrency analyst Trader Tardigrade, who posted his analysis on social media platform X.

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