The dream of seeing the Dogecoin trade at $ 1 Stay alive among Its community of loyal investors, even if the memes piece continues to fight below the $ 0.20 brand. Despite the relatively low current price, positivity has returned to Dogecoin in recent days, the cryptocurrency climbing 2.1% in the last 24 hours and recording an increase of 17% in the last seven days. Some analysts think that Dogecoin can prepare the ground A much larger rally This could bring the goal of $ 1 long -awaited at hand, Citing technical configurations which flash up bully signals.
The analyst identifies the Taurus flag model which could trigger a break
According to the merchant Crypto Kamran Asghar, Dogecoin has developed a Model of classic bull flag on its weekly stopwatch on the stopwatch. This technical training is generally considered as a continuation model, signaling the probability of an upward rupture.
Asghar’s graph indicates that a successful escape from the flag could trigger a net movement to the region of $ 0.22 in the short term. He expressed strong confidence in the implications of the motif, declaring that it is “time to shine for Doge” and that Dogecoin is preparing to go “directly on the moon”.
By carefully examining the graph shared by the analyst, DOGE consolidated itself in a upward chain which began to train in 2024. The recent corrective phaseThe price seems to have found strong support Around the lower limit of the canal.
The analyst predicted a measured decision of the bounce projects an initial break of break of $ 0.44, and an additional additional fibonacci extension carries the long -term projection to around $ 1.09. The configuration suggests that the $ 1 brand is not only a dream But a technical possibility According to the bullish momentum.
Dogecoin’s Haussier MacD crossover is another green light
Addition of additional weight to the Haussier affair, the popular Dogecoin merchant and the late merchant highlighted a Crossover Haussier MacD on the room of the 3 -day Dogecoin period. In his article, he stressed that Dogecoin had completed his most recent perspective and that the MacD crossover was a clear confirmation of a bullish reversal. The lower delay structures align with this momentum, preparing the ground for a movement supported above.
The MacD graph that he shared clearly shows three historical periods where similar crossroads led to explosive price rallies. Each time, after a crossroads, Dogecoin entered an aggressive ascending trajectory which has extended for weeks. The last crossover coincides with the recent price action of the same corner, and Tardigrade projects a massive decision which could expand beyond $ 1.30 if the momentum continues. Interestingly, the upward projection on its graph reflects the models observed in the main gatherings.
At the time of writing the editorial staff, DOGE is negotiated at $ 0.1862. Although several bullish signals are at stake, the first step towards $ 1 target would be a decisive closure greater than $ 0.20, followed by a strong resurgence Momentum Haussier on the cryptography market.
Adobe Stock star image, tradingView.com graphic
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