Dogecoin DOGE has exploded again! It has broken through the Fibonacci line, with a price skyrocketing by 570%, staging a super strong 'comeback', directly breaking through the $2.8 barrier!

During this period, Dogecoin's trend has been a bit weak, with prices continuously declining. This is not hard to understand, as it had been rising crazily for more than two months, like an athlete running a marathon who is exhausted and needs to catch their breath, entering an adjustment phase.

However, from a professional technical perspective, Dogecoin, as a standout among 'internet celebrity coins', has long-term potential that should not be underestimated. Looking back at the past two weeks' trends, if it successfully breaks through the 1.0 Fibonacci key point, the price is very likely to enter a skyrocketing mode, soaring by 570%!

The Fibonacci extension indicator has shown bullish signals. Now Dogecoin is once again at a critical historical juncture; its previous two highlights have demonstrated its explosive power. Based on this trend, a surge of 570% from the current price is not out of reach. The 1.618 in the indicators can be considered its 'lucky code'; in the past bear market comebacks, it has always managed to break through this line.

At present, Dogecoin's price is like a crazy roller coaster, first fluctuating at the support level, and then swiftly climbing high. At the beginning of December, it was thwarted in its attempt to reach a high of $0.7316 and fell to $0.475 before beginning to adjust. The current price is $0.316, nearly halved compared to December 8, and last week it even dropped by 12.5%. However, based on past 'experience', it is very likely to regain momentum, break through the Fibonacci extension, and refresh its record, aiming for the $2.8 peak!

Finally, let me recommend a potential coin: Ethereum Chain ρꪊρρⅈꫀડ, which is expected to have a short-term increase of 2 - 3 times, and even greater potential in the long term, expected to reach 5 - 10 times.