Is the $1 Celebration for Dogecoin Going to Follow Bitcoin's 100,000 Bash?

Even as Bitcoin continues to celebrate its $100,000 milestone, altcoins have begun to gather steam and are approaching a critical resistance level. With an 8.8 percent increase in the last day, the cryptocurrency is now circulating about $0.448 as of publishing.

Get Ready for Dogecoin's (DOGE) Big Breakout!

The largest memecoin, Dogecoin (DOGE), has set a new price high after breaking over a key resistance level at $0.42. In order to lay the scenario for memecoin to achieve an all-time high at $0.73, a successful breakout above $0.42 would be a significant technical breakthrough. Doge may have the fuel to maintain a breakout and test its previous all-time high (ATH) with a goal of $0.83, according to technical indications.

Once Bitcoin surpassed the $100,000 mark, many industry insiders predicted that DOGE would soon follow suit with a huge breakout. An increase in whale accumulation and a spike in trade volume are shown by technical indicators. Crypto expert KrissPax has verified that Dogecoin's (DOGE) price has broken out of its symmetrical triangular pattern and is now moving upwards. There seems to be a significant upward trend in the pattern.

Doge price action may return to the breakthrough level before resuming its ascent, according to the technical indication. The original price objective I set out months ago will be the pattern's price target if Dogecoin finally breaks out of its consolidation and goes higher.Another expert has an optimistic outlook on X, predicting that it will go up to $1.05 from its current level of 93 cents.

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