Based on this, the Dogecoin price risks witnessing a significant correction. However, crypto analyst Master Kenobi has suggested that the meme coin could sustain this bullish momentum and rally to new highs. In an X post, he stated that he expects DOGE to experience a massive pump in the next five to six days, potentially hitting a new all-time high (ATH) by the end of the week.
In another X post, he asserted that the Dogecoin price remains bullish. He highlighted a “beautiful” inverse head and shoulders pattern breakout, retest, and trend continuation on the lower timeframe. His accompanying chart showed that the meme coin is set to witness an uptrend continuation above $0.24.
