Why The Dogecoin Price Could Still Hit A 600% Rally To Send It Above $1.5

According to the analysis by ETHERNASYONAL, the current Dogecoin price chart is forming a clear pattern that could lead to a significant ￰0￱ price setup suggests that once the Dogecoin breaks past a key resistance level, a 600% rally could ￰1￱ momentum continues to grow, Dogecoin might see a powerful rally that could send its value far above $1.5. Dogecoin Price Chart Shows A Classic Cup And Handle Pattern Forming ETHERNASYONAL’s analysis on X highlights that there is a clear Cup and Handle formation on the Dogecoin linear ￰2￱ see the formation as a classic pattern often linked to bullish price breakouts in technical ￰3￱ “cup” part of the formation shows how the Dogecoin price has rounded out from a previous low, while the “handle” represents a short pause or pullback before the next move ￰4￱ Reading: Dogecoin Price Eyes Major Breakout, Is A Rally To $0.7 All-Time Highs Possible?

At the moment, Dogecoin is moving within this handle ￰5￱ are watching closely because this stage often comes before a significant ￰6￱ Dogecoin completes the handle phase and clears resistance at $0.20, a considerable price increase could ￰7￱ chart image shared by ETHERNASYONAL also shows how the curve of the cup and the slight dip of the handle are forming ￰8￱ suggests that Dogecoin might be close to finishing this ￰9￱ the price breaks out of the handle, a big rally could begin, and buyers might push the price much higher. A Breakout Could Trigger Major Gains Above $1.5 ETHERNASYONAL explained that major moves will be inevitable after the price breaks through the handle ￰10￱ means that when Dogecoin crosses the upper resistance of the handle, strong momentum could drive the price much ￰11￱ on this setup, the move could extend far above the $1.5 ￰12￱ Reading: Why This Resistance Could Trigger Another XRP Price Crash Soon The reason behind this view is that the formation often serves as a signal for a long and sustained rally once ￰13￱ the pattern completes, buying pressure usually increases sharply, pushing prices ￰14￱ the Dogecoin price, this could result in a gain of around 600% from current levels, which would be a massive return for traders and holders.

ETHERNASYONAL’s observation of this clear Cup and Handle structure shows why optimism is growing around Dogecoin ￰15￱ Dogecoin linear chart indicates strong potential for a decisive upward move if the breakout occurs above the handle ￰16￱ now, analysts continue to watch the handle phase of the Cup and Handle pattern closely, waiting for confirmation of the move that could change Dogecoin’s price ￰17￱ ETHERNASYONAL’s analysis plays out, the price breakout could mark the start of one of Dogecoin’s biggest rallies yet, one that could send it soaring well above $1.5 and confirm the strength of this long-term bullish ￰18￱ image created with Dall. E, chart from ￰19￱