Dogecoin has experienced a bearish performance recently which could potentially lead to a major rally in its price dynamics.
Technical analysis suggests that Dogecoin is forming a bullish structure on its chart, indicating a possible uptrend after a period of correction and consolidation.
Trader Tardigrade predicts a surge in Dogecoin's price to $0.265 and beyond as it exhibits a Channel Pullback pattern, signaling a potential breakout and upward trend.
Analysis of a larger time frame points towards Dogecoin heading for a new all-time high, with the potential for a remarkable price growth in the upcoming cycle.