Dogecoin (DOGE) is showing signs of a strong recovery after breaking a descending trendline.Analysts predict Dogecoin could reach a new all-time high, with price targets ranging from $0.80 to $6.00.DOGE whales have accumulated over 200 million coins in the past two weeks, indicating confidence in the cryptocurrency.Current price is around $0.20, up 42% from recent low of $0.1432, and little resistance expected between $0.20 and $0.31.