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#DOGE# Although the price of DOGE has fallen significantly from its peak, it remains a "veteran contender" in the market. It still maintains a high level of Liquidity and popularity.
Analysts say that the next wave of bullish signals has emerged. DOGE has broken through a wedge consolidation pattern that lasted for several months and a 146-day ascending channel. This pattern usually indicates that a price explosion is imminent.
Currently, the "double bottom pattern" tested by DOGE is still valid. Once the key support level is stabilized, it will lay a solid foundation for the next round of upward momentum.
Historical data shows that if this double bottom pattern is confirmed, the price is expected to rise from the current price to $0.3.