DOGE’s New Record High Follows a Repeating Pattern
Tardigrade traders have now identified that Dogecoin is heading towards its first monthly bullish candlestick since February.
If this meme coin follows the previous movement pattern again, then DOGE is expected to experience a price rally for several months until it reaches a new record high.
Specifically, the chart shared by the analyst projects a price increase that breaks through the previous peak of $0.748 to reach $0.85. This translates to a 252% jump from the current price of $0.241, and a 559% increase from the April low of $0.129.
Interestingly, Trader Tardigrade is not the only one predicting the potential for DOGE to reach record highs in the near future.
Another analyst, MangoMan4, also targeted the $0.85 mark in his latest analysis, citing a breakout from the resistance zone.doge-analisa-
Meanwhile, MasterAnanda predicts a further surge to $1.17, and CryptoELITE even states that Dogecoin’s realistic target for this cycle is $5.
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