Popular cryptocurrency expert Trader Tardigrade highlights a strong “Falling Wedge” formation on Dogecoin charts. This pattern was created due to negative pressure, which pushed the price below $0.1. However, Falling Wedge formations often signal the end of a downtrend and may lead to new highs. 📉💥
According to the researcher’s report, there are early signs of this pattern emerging. Although not confirmed yet, this move could hold significant bullish potential for Dogecoin. 🔍
Trader Tardigrade confirms that similar patterns in 2017 and 2021 led to massive price spikes. If history repeats itself, Dogecoin could soar to $1.6, representing a staggering 1,150% increase from its current price! 🚀📈
Although DOGE seems far from its 2021 peak of $0.7, if this breakout is confirmed, it may not stay at these levels for long. An exciting period could be on the horizon for Dogecoin investors! 🌕💎
