Dogecoin has shown a bullish breakout, breaking a 50-day bearish pattern and suggesting growing upside momentum and a potential rally.
Trader Tardigrade, a crypto analyst, highlighted a bullish development on the DOGE chart, signaling a possible trend reversal from the downside to the upside.
The analyst's forecast for a potential rally is supported by insights from DOGE's Average Directional Index (ADX) and historical patterns that indicate a significant upside move in the coming months.
Key levels to watch for DOGE include $0.17 as the next crucial level and the potential for a rebound towards $0.21, as suggested by technical expert Ali Martinez.