The Dogecoin price has been defying broader market weakness by establishing a series of higher lows. Amidst the market downturn, technical indicators suggest that Dogecoin could be setting the stage for an explosive rally, with analysts predicting a 270% surge to a new price high.
Dogecoin Price Prepares For 270% Surge
A Dogecoin price chart shared by crypto analyst Javon Marks reveals a critical shift in momentum. Following a prolonged downtrend that saw the meme coin’s price crash to significant lows, Dogecoin has now broken out of a descending trendline, signaling the potential end of its bear cycle.
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Since reaching a cycle low, Dogecoin has consistently posted higher lows — a common sign of growing buying pressure and a steady uptrend. Following the formation of
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