⬤ Dogecoin's been on a tear lately, showing some serious upward momentum. The weekly charts are painting a pretty bullish picture, with big price swings and solid positive action. Traders are keeping a close eye on things to see if this run has legs to push DOGE even higher.
⬤ Looking at the charts, you can spot some classic bullish setups – ascending support lines and clean breakout patterns. The price action keeps building higher lows, which is exactly what you want to see. If this pattern holds, we could be looking at a significant rally in the months ahead.
⬤ Right now, DOGE is testing some key resistance zones, and analysts are watching closely to see how it handles these levels. The technical picture looks solid, and there's real anticipation building around what comes next.
⬤ What's interesting is that DOGE's bullish trend could signal a broader shift in sentiment across the altcoin market. If it pushes through those critical resistance points, we might see a larger rally that pulls in more traders and investors. How the price behaves here will be crucial for determining whether this momentum can last.
Usman Salis
Usman Salis