A pair of popular crypto strategists think that top meme coin Dogecoin (DOGE) could be gearing up for a big breakout.
Pseudonymous analyst Rekt tells their 333,800 Twitter followers that the Shiba Inu (SHIB) rival is testing the diagonal resistance of a bullish reversal structure on the weekly chart.
“DOGE is now testing the top of the falling wedge, trying to challenge for a breakout.”
Source: Rekt/Twitter
Looking at the trader’s chart, it appears that Dogecoin must take out its resistance at $0.090 to trigger a breakout rally.
Another crypto strategist also believes that a breakout could be in the works for Dogecoin. Pseudonymous analyst Rager tells their 203,300 Twitter followers that DOGE is testing the upper bound of his accumulation range.
“One chart I’m
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