<ul data-eligibleForWebStory="true"><li>Dogecoin has been trading within a narrow descending range, maintaining support above $0.17 and attempting to form a higher low.</li><li>Dogecoin's weekly ADX pattern resembles the setup prior to its 36,000% rally in 2020, with twin mid-level peaks followed by sharp drops to new lows.</li><li>The current ADX pattern mirrors the one observed before Dogecoin's surge from under $0.01 to above $0.70 during the last bull cycle.</li><li>This pattern suggests the end of price accumulation phases and the start of explosive directional moves.</li><li>Past performance doesn't guarantee future outcomes, but the visual similarity between current and past ADX patterns is notable.</li><li>Trader Tardigrade's chart indicates a potential price target above $4.50 for Dogecoin, based on the pattern observed.</li><li>If Dogecoin reaches the projected target, it would signify a 2,540% increase from its current trading price of $0.1708.</li></ul>

Dogecoin Price Flashes Similar Patterns To 2020 Before The 36,000% Bull Run

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