The Dogecoin (DOGE) price stands at a critical juncture as technical analysts point toward a potentially significant breakout. Renowned crypto analyst Rekt Capital has identified a pivotal pattern on the DOGE/USD daily price chart, suggesting an imminent surge. Will Dogecoin Price Confirm The Breakout Today? The daily chart of Dogecoin reveals an ascending triangle formation that has been developing over recent weeks. This pattern is typically considered a bullish continuation signal, characterized by a horizontal upper resistance line and a rising lower support line. The formation indicates accumulating buying pressure, as each price retracement becomes shallower—implying that bulls are willing to buy at higher lows. The top horizontal line of the triangle sits at approximately $0.44, a level that has been tested multiple times and serves as a significant barrier for upward movement. The ascending support trendline begins around $0.34 and rises gently, forming the triangle’s lower boundary and highlighting increasing support levels. Related Reading: If Dogecoin Mirrors Last Cycle, The Surge To $4 Begins At Week’s End Rekt Capital emphasizes the importance of the cu ..
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