Dogecoin has signaled a bullish crossover on the moving average convergence/divergence (MACD), indicating more buying power and a potential end to the pullback.
The price structure shows multiple higher lows, suggesting a bullish reversal, and the analyst predicts DOGE could rally to around $0.5 on the next leg of its bull run.
Another analyst predicts that the next leg up for Dogecoin could begin around December 30, with potential for a new all-time high (ATH) as Donald Trump takes office.
DOGE's fate is influenced by Bitcoin, and analysts expect the bull run to continue, urging market participants to wait for further price rally.