$DOGE MACD crossover hint — Will DOGE rally by 180% again? - AMBCrypto Analytics

Dogecoin (DOGE), the leading memecoin, may be gearing up for a major price move. For four consecutive weeks, DOGE has shown strength on the weekly chart, even amid market dips caused by geopolitical tensions in the Middle East. Historically, DOGE has surged by 90% and 180% following a bullish MACD crossover on the weekly chart, and a similar crossover seems to be forming now. This could signal a significant rally, potentially replicating its previous 180% gain.

Additionally, DOGE recently retested its macro falling wedge pattern on the daily chart, a key bullish indicator. Buying momentum has steadily increased, supporting the likelihood of an upward breakout. If DOGE continues this trend and bounces from its current support level, further gains are expected. However, if the bounce fails, DOGE could face a reset, which may also impact other altcoins. Traders are watching closely as DOGE hovers at a critical juncture.