Crypto analyst Master Kenobi suggests that Dogecoin's price is mirroring a bullish pattern from the 2017 bull run, with a possibility of reaching $1.1 by June.
Another crypto analyst, Crypto Lycus, indicates a potential bullish reversal for Dogecoin after reaching the support zone at $0.17.
Crypto analyst Trader Tardigrade predicts a rebound for Dogecoin from its current level, with an ascending triangle formation indicating a potential rally.
At present, Dogecoin is trading at around $0.16, down approximately 2% in the last 24 hours.