Dogecoin (DOGE) flashes strong bullish signals as it follows a pattern familiar to previous cycles. The weekly chart shows the green and red lines crossing again. This crossover has historically marked the start of a positive movement for Dogecoin.
Alongside this, the price has been pushing above a key yellow line. When this happens, Dogecoin tends to enter a parabolic rise. For confirmation of this potential breakout, Dogecoin needs to close the week above 18 cents. If it does, the trend is set for a big move upward.
In past cycles, Dogecoin has shown remarkable growth after closing above this yellow line. In the first cycle, it soared by +8,373.35%. The second cycle saw an even larger spike of +18,376.25%.
DOGE set to ride adoption and tech advancements
While the third cycle is still unfolding, the chart suggests that a similar or even more significant surge could occur. Key factors like growing adoption and technological upgrades are fueling this optimism. These elements may push the price even higher than before.
As per the analyst, this is not the time to bet against Dogecoin. Those who have held on through past cycles may see their patience rewarded soon. If history repeats, Dogecoin could experience a massive price surge in the coming weeks.
Now is the time to watch closely. The stage is set for a potential breakout. The combination of historical patterns and strong market momentum makes it hard to ignore the possibility of a big move for $DOGE. The next few days could be crucial in confirming this trend, and many are ready for what’s to come.
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