A TradingView analysis by 'SwallowAcademy' identifies a potential 200% upside opportunity for Dogecoin due to a clear pattern of price uptrend.
The analysis suggests that Dogecoin is in a favorable position for accumulation as it shows strong upside momentum and is expected to follow a proper upward trajectory.
The analyst points out a historical price pattern where Dogecoin experienced significant rallies, corrections, and subsequent price upsurges, supporting the anticipation of a price explosion.
Dogecoin is currently trading at $0.1742, with predictions of a possible 200% upsurge to reach highs of $0.4846 if it maintains crucial support at $0.14.