Dogecoin (DOGE) Enters Bullish Pattern: Traders Forecast $1.5
The price of the Dogecoin (DOGE) cryptocurrency is riding a 38% surge in the last 30 days, and has reportedly entered a bullish pattern. According to Crypto analyst TradingShot, DOGE has entered a bullish pattern, which could spark a parabolic rally to $1.5. The analyst also raised the possibility of the leading meme coin reaching double digits. In a TradingView post, TradingShot said that the Dogecoin price is inside a Livermore’s Cylinder, which suggests that the meme coin could soon rally to as high as $1.5. The analyst noted that DOGE has been trading within a bullish megaphone for the majority of its Bull Cycle since the October 9, 2023, low. TradingShot went on to add that DOGE has been in heavy accumulation and is primed for a breakout above $1. Similarly, the Dogecoin July price chart is also showing signs of a possible surge, per trader Tardigrade, a notable cryptocurrency analyst. According to the Analysis , Dogecoin has reached the consolidation top and may enter a “pump” ph...