Dogecoin's recent chart patterns are drawing comparisons to silver's breakout in late December 2024, according to analyst Cantonese Cat. The analyst highlights a similar trajectory that could see Dogecoin embark on a multi-year bullish trend. This pattern suggests a potential peak of $11 by mid-2029, mirroring Bitcoin's historical movements.
Cantonese Cat also notes that Dogecoin is currently experiencing a wave 2 correction, with a wave 3 rally anticipated. This technical analysis indicates that Dogecoin could see significant upward momentum if the pattern holds true, potentially reaching a price of $9 or more.
Dogecoin Chart Patterns Suggest Potential Bullish Surge
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