Here’s The Explosion That Will Send Price To $1.3

Dogecoin’s work is Work on a recovery After hitting $ 0.222 in the past 24 hours. The magnification in the larger time frame shows the price structure on the weekly timetable indicates Exclusive collapse in making. Technical analysis shows that Meme, which has already shown that it can provide unusual gatherings, is now sitting on a powder barrel that will send it to the highest levels ever. In particular, technical expectations indicate that if the current trend continues, Dogecoin can rise to $ 1.30.

Repeating the pattern indicates a $ 1.3 goal

the The first interesting note is the graph It focuses on how Dogecoin’s marches developed in the repetition of expansion waves. This analysis, which was posted on the social media platform x by

Kamran Asghar explains how Dogecoin was following a frequent structure in the diagram of the weekly candle frame.

In late 2023, the price of the DOGECOIN of monotheism erupted with an increase of 300 %, followed by another wave in 2024, which achieved a 500 % march of trend support to the resistance. Each cycle started with a reversal of the emerging white trend line that appears on the weekly graph below, which was the backbone of the long -term rising arrangement of Dogecoin.

Now, the pattern is prepared for a 800 % march, and is distinguished in the green projection box on the graph below. This step, if completed, will witness the Dogecoin prices raised after its current rise at the time at $ 0.7316, and finally the intersection of the price of $ 1. In particular, the Dogcoin projection collects more than 800 % to reach a target price of about $ 1.30.

X: Kamran Asghar

Dogecoin’s bullish channel has been intact since 2021

Another technical analysis is looking at a broader vision of Dogecoin’s performance over the past four years. The price movement is drawn on the weekly timetable within a colored channel system, starting from the 2021 break, as shown in the graph below. The lower orange line was a support, while the green midfield was a pivotal point. Finally, the upper blue line acts as resistance.

Dogeusd is currently trading at $ 0.23. table: Tradingvief

At the time of writing this report, Dogecoin is trading about $ 0.23, only this is between the green midfield and orange support, which means that the upper structure is still playing. According to the Cresabx analyst, Who published Technical analysis on the social media platform X, Dogecoin is It is still on the right track to continue moving To the upper range of the canal, which is marked in blue. Access to this upper range would put the Mimi currency in a range of $ 0.70 to $ 1.00 and re -test its highest level ever in 2021. However, in this case, the first step will be a broken green midfield, which is about $ 0.4.