$DOGE rebounds strongly after shaking off
According to Cointelegraph: Dogecoin (DOGE) is showing strong potential for a significant rally, with technical indicators pointing to a possible 1,000% gain, potentially pushing DOGE above the $1 mark. Following its recent 229% rally in November, largely fueled by Donald Trump's victory in the crypto-friendly presidential election, Dogecoin has attracted the attention of investors. Analysts say the memecoin could mirror its historic 2021 rally, which saw gains of over 7,000%.
Dogecoin Bullish Pattern and Market Momentum
Veteran trader Peter Brandt has highlighted an inverted head and shoulders pattern on Dogecoin’s weekly chart — a bullish signal that suggests more gains are coming. This pattern, combined with a “golden cross” on the weekly chart, could push Dogecoin to new highs. Crypto analyst Mikybull supports this outlook, predicting a potential top of $3 to $4 if the current market momentum remains, representing a 1,136% gain from current prices.
