Dogecoin Price Prediction – Technical Reversal Pattern Could Trigger DOGE’s ‘Biggest’ Move of 2025
2025-06-30 16:46:40
Main Idea
Technical analysis suggests Dogecoin (DOGE) may be poised for a significant price increase, with a potential rally to $0.47 if key support levels hold and bullish momentum aligns.
Key Points
1. A double-bottom formation on Dogecoin's weekly chart indicates a potential trend reversal, with $0.142 identified as a critical support level.
2. The Relative Strength Index (RSI) is near 50; a move above this level could strengthen bullish sentiment, though consolidation may persist until market conditions improve.
3. Analyst Crypto Man MAB highlights optimism around a potential spot DOGE ETF approval, with whales and retail investors accumulating DOGE (price rose 8% recently).
4. Other cryptocurrencies, like Best Wallet (BEST), are also gaining attention, with its presale raising over $13.6 million due to features like portfolio tracking and DeFi management.
Description
People are quietly stacking Dogecoin ($DOGE) in what could be the start of a new accumulation phase that could send the price skyward by late summer. According to analyst Crypto Man MAB in a recent X post, a prominent double-bottom formation is developing on Dogecoin’s weekly chart, a pattern often linked to powerful trend reversals, potentially priming it for a major breakout. Dogecoin $Doge Aims for $0.47 as Double Bottom Pattern Forms Dogecoin traders are eyeing a potential price surge as a d...
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