Analyst Identifies Multi-Year Triangle Pattern for Dogecoin with $3.08 Breakout Target 🐶
TradingView analyst Akbar Karimzsfeh has identified a long-term triangular pattern in Dogecoin's price actions, originating from its all-time high of $0.73536 on May 3, 2021. This symmetrical pattern has been in development for several years and might soon reach a resolution, paving the way for a potential breakout.
This structure suggests a notable price target of $3.08, indicating substantial growth in Dogecoin's value as this pattern resolves. Traders and investors are closely monitoring these developments, considering the implications for Dogecoin's future trajectory.
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