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Dogecoin Price Prediction: Horizontal Support At Descending Triangle Creates Basis For Surge To $1

  • Dogecoin's price is consolidating within a Descending Triangle pattern, suggesting a potential breakout above the $1 target.
  • Prominent crypto analyst, Trader Tardigrade, predicts a surge in Dogecoin's price based on the completion of a Descending Triangle pattern.
  • The analyst's analysis hints at a potential rally towards $1.09, more than four times Dogecoin's current market value, supported by a historical fractal and Fibonacci extension levels.
  • The technical analysis also points to a potential long-term target of $4 for Dogecoin, indicating a significant rally from the current market value of $0.16.

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