Dogecoin Price Completes Falling Wedge Breakout Against Bitcoin, Can DOGE Out...

The Dogecoin price displays strong bullish signals after breaking out of a Falling Wedge formation. The breakout and a successful retest of the wedge pattern have fueled optimism of a potential price rally, with a crypto analyst forecasting a 50% jump to new highs soon.  Falling Wedge Breakout Signal Dogecoin Price Rally  Dogecoin has been […]

Yes, Elon Musk's Twitter acquisition is one of them. At least three market catalysts show that Dogecoin (DOGE) could climb by at least 50% by the end of Q3/2022.Falling wedge breakout in playDogecoin has been painting a "falling wedge" pattern on its longer-timeframe charts since May 2021, hinting at potential for a bullish reversal in the coming months.Falling Wedges appear when the price trends lower inside a range defined by two descending, converging trendlines. Their occurrence coincides with declining trade volumes, suggesting that trading activity slowed down due to the narrowing....

Dogecoin (DOGE) is flashing a potential bullish reversal signal as a crypto analyst points to a breakout setup forming on the mid-term chart. The analyst’s chart highlights a tightening Falling Wedge on the 12-hour timeframe, signaling a possible shift in momentum after weeks of sustained decline. With price compressing toward the Falling Wedge’s apex, he has predicted that Dogecoin could soon see an explosive 80-80% price rally.  Falling Wedge Pattern Points To Massive Dogecoin Breakout Crypto market expert Clifton Fx has released a new Dogecoin update on X, drawing attention to a clear....

Dogecoin may be gearing up for its next major move as technical signals begin to turn in the bull’s favor. After a period of consolidation and downward pressure, DOGE has broken out of a falling wedge pattern, one of the most reliable bullish reversal formations in technical analysis. This breakout suggests that the meme coin could be on the verge of a potential rally, especially as momentum begins to build within a key price zone.  How The Falling Wedge And Rounded Bottom Favor Bulls In a recent post on X, a crypto analyst with the username “TitaniumXBTC” spotlighted an encouraging....

DOGE's price could swell by more than 150% on a classic bullish reversal setup known as the falling wedge. A brutal correction witnessed in the Dogecoin (DOGE) market between May 2021 and February 2022, which saw the price dropping by almost 85%, appears to have come to a halt this month.DOGE/USD rebounds 30% in two weeksDOGE experienced strong dip-buying when its price crashed to levels around $0.10 two weeks ago, resulting in a 30% rebound move to $0.14 as of March 27. Meanwhile, the coin's upside retracement originated at a support level that constitutes a "falling wedge" setup,....