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while Dogecoin price It has seen a remarkable declining trend to levels that have not been seen for months, as the upscale predictions of analysts are swelling within the encryption community. The last Dog’s crash may flattens the bullish momentum, but the stage may lay the foundation for a big thing.

Is the bullish trend of Dogecoin on the horizon?

Dogecoin has seen one of the highest declines in this session, as it decreased from the highest annual level of $ 0.48 to the support level of $ 0.15. However, all of this can be the history of the largest Mimi coin of dogs that hints in a large -term gathering.

After going into the prices of Dogecoin, Trader Tardigrade, an experienced expert and technical investor, open This may be ready to return to the bullish return as a major approach. The appearance of this decisive cross shows that the mem currency is slowly building momentum under the recent decline A sharp recovery.

Trader Tardigrade set the cross on the index of moving medium rapprochement (MACD) on Dogecoin. Such artistic development is often seen as an introduction to the transformation of trend.

This cross is a sign of strength with patterns of plans that support upward momentum yet A period of monotheism and withdrawal. If checked, this artistic intersection may be a running launch panel up to DOGE and pave the way to convert a more comprehensive gathering. “When the cross occurs, Dog will return to the upward trend,” the expert stated.

In the weekly time frame, at Trader Tardigrade Glimpse A large gathering of DOGE as a huge Macro Cup and the development of the handle. The formation of the cup and the handle is a technical structure that indicates a shift from the decline to a bullish or continuous trend.

Looking at the weekly graph, the main pattern appears to be formed since the last bull market in 2021. Despite the high prices and withdrawal, Dogecoin remained in the macro cup and the handle pattern during this period.

Since the cup patterns and the handle are known for their upward capabilities, Trader Tardigrade believes that the sharp gathering is Unprecedented price levels It is revealed. Once the MEME currency explodes from the main setting, it can pay the price to $ 2.85 by 2026, which represents the highest new level ever.

A previous high group to return

Despite the declining pressure, Dodge Continue a 260 % ​​mile Propagate By Mind Trader, an encryption analyst. While the Mimi currency displays bounces, the weekly graph shows that it has formed a potential double -bottle support.

The Mind Trader predicts a previous step that led to a 260 % ​​increase in prices for DOGE. According to the expert, this prominent increase depends on a break over week 21 Simple moving average (SMA).

Nowadays, Mind Trader expects a break higher than 21 SMA weekly, currently at $ 0.20, to control positive momentum. With the possibility of previous results, Dogecoin can prepare for a 260 % ​​increase in the coming weeks.

Distinctive photo of Pixabay, Chart from TradingView.com

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