Crypto chart analyst Trader Tardigrade pointed out a pattern in Dogecoin's price indicating potential surge to $0.80 by August.
Dogecoin has historically found support at previous swing highs and could follow a steep rally as shown on the chart.
Analysts predict Dogecoin entering its 3rd wave of upwards momentum with a potential 740% price increase.
Dogecoin's price surge to $0.46 in December followed the pattern described by the chart analyst, suggesting the possibility of a breakout to higher levels.