Krutika Adani
Dogecoin charts have seen the formation of a falling wedge pattern that could prove bullish for Dogecoin.
If the price of DOGE breaks out of this wedge pattern on the upside, then we might see a rally within the next month.
Crypto analyst Ali Martinez predicts a 50% rally in DOGE if a breakout happens.
Several analysts are confident that Dogecoin will reach a cycle high of $1 within 2024 or early 2025.
Dogecoin needs to cross $12.5 to return to its bullish phase and eventually cross $0.15. On the downside, $0.1 remains a solid support.