If the rounded bottom structure holds and Dogecoin confirms a bullish breakout, the projected target from the pattern could take the price above $0.50 to make a new higher high. Such a move would translate to an approximate 150% increase from its current price. This price region, shaded in red on the monthly chart above, coincides with a major resistance zone from December 2024 and sits just beneath the all-time high set in 2021.
Dogecoin Price Completes Rare Rounded Bottom Formation, Bulls Charge For 300% Upshoot To $0.5