Dogecoin Price Ready for A Breakout As Charts Print Rare Bullish Signal
Dogecoin charts show formation of bullish “Adam and Eve” double bottom pattern, a market structure that precedes a major breakout. This pattern emerged on the weekly chart and follows a notable DOGE price gain of 6.69% over the past seven days. The on chain metrics and other factors support this breakout. Is A Dogecoin Breakout to $1 Next? Dogecoin price targets an 88.97% breakout toward $1.08 as it completes a rare Adam and Eve double bottom on the weekly chart. The meme coin is consolidating near $0.228, following a rounded Eve bottom from mid-2022 to late 2024, and a sharp retracement and spike forming the v-shaped Adam structure in early 2025. The Adam and Eve pattern is a bottoming structure that typically marks the end of a prolonged downtrend. It comprises two distinct troughs — a rounded “Eve” followed by a steep “Adam”, which usually signals a shift in momentum… Read More at Coingape.com
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