A technical analyst has identified a historically bullish chart pattern in Dogecoin’s daily timeframe, suggesting potential upward price movement.
Dogecoin targets $0.20 resistance level, requiring a 9.5% rally from current levels, with analysts predicting a move towards $0.25 based on various technical patterns.
The identified bullish formation points towards $0.20 as the initial target, followed by $0.25, requiring a 36% rally from current levels.
Multiple analysts highlight bullish indicators supporting a potential rally in Dogecoin, with some projecting price targets beyond $1 based on historical cycle patterns.