Dogecoin price prediction: long-term bull market pattern sees a new breakthrough

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Crypto news flash: Dogecoin’s long-term bull-market pattern faces a new breakthrough, with $0.068 and $0.064 becoming key support levels. Although the monthly chart still points to a possible cycle breakout, the daily structure remains clearly bearish after losing support. Analyst Trader Tardigrade noted that Dogecoin may be nearing the end of its long multi-year consolidation pattern, which appeared before major rebounds. The monthly chart shows that Dogecoin is currently in its final compression phase, with previous cycles shifting from sideways trading to strong upside. If Dogecoin can break the falling wedge and maintain that momentum, it would increase the likelihood that the current cycle enters the next bull-market phase. At present, Dogecoin has fallen below a key daily support level, and the risk of further downside remains. If the price closes below $0.0715, $0.068 could become the focus.
DOGE2.74%
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GateUser-7919e6b9
· 6h ago
If 0.068 can’t hold up, then it’s really over.
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NeonMeltsIceCream
· 6h ago
The monthly chart looks like it’s about to unleash a big move, but the daily chart is a mess… wait a bit longer.
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ProofOfSnack
· 6h ago
This old-timer who called the top pretty accurately last year—this time, at the end of the consolidation, I believe half of it.
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