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The Dogecoin price has officially broken free from its multi-month downtrend, with bulls now eyeing a major price surge to new all-time highs. Technical indicators and Dogecoin’s current price action are flashing bullish, supporting this optimistic outlook.
Dogecoin Price Targets $1 ATH
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In a decisive move, DOGE has surged past a key descending trendline that has kept its price action suppressed since its last rally around February 2025. According to Chris, a crypto analyst on X (formerly Twitter), the breakout occurred as Dogecoin pushed through the Ichimoku Cloud on the daily chart, signaling strong bullish signals that suggest a potential shift in bearish positions.
The analyst’s chart highlights Fibonacci Extension targets
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