Multiple analysts have uncovered a bullish formation that could fuel DOGE's move to $1. Meanwhile, another analyst tips the asset to reach between $3.95 and $23.26 in this cycle. An analyst who spotted the formation of a bullish pattern hints that the asset consolidated for 24 days during the previous cycle before "taking off." Dogecoin (DOGE) is currently down by 5.9% on the 24-hour price chart, declining from the daily high of $0.45 to peg at $0.42 at press time. Renowned analyst Rekt Capital has hinted that the asset could be in line to hit $1 in the near term. Analyzing his thesis, we observed that Dogecoin is imitating the Bitcoin (BTC) price behavior. According to Rekt Capital, the meme-themed coin is retesting the top of an Ascending Triangle pattern and turning it into support. Meanwhile, another analyst, Trader Tardig, has pointed out that DOGE has broken out of a Symmetrical Triangle pattern. Per his analysis, the asset could soon secure the $0.55 mark. Assessing a chart posted by TradingView, it was observed that DOGE is about to embark on another bull run. The 12-hour chart showed a consolidation of a bullish pennant pattern. According to the analysis, DOGE could target $1 in the next breakout. Earlier, an independent analyst, Mikybull, also disclosed the formation of a falling wedge pattern, forming a bullish confluence with an on-balance volume indicator. For analyst Ali Martinez, DOGE could finish the cycle between $3.95 to $23.26. Another Analyst Joins the DOGE Discussion as On-Chain Activities Shows Bullish Outlook Amid these bullish trends, whales have progressively increased their activities over the past few days. Santiment data shows that addresses with between $100,000 and $1 million have collectively accumulated more than 240 million DOGE tokens. Looking into other data, we observed that the asset's Open Interest (OI) reached an all-time high of $4.05 billion on November 24. However, this has steadily declined to reach $3.48 billion. Comparing the current cycle to the previous one, an analyst identified as Kevin pointed out that DOGE consolidated for 24 days before embarking on what he describes as a "macro golden pocket." In this case, a move from the current phase could see the asset hitting between $3.80 and $4.00. For now, Kevin believes that DOGE is testing a major trend line of support on the daily Relative Strength Index (RSI). A break below the current position could see the DOGE falling below $0.40. In any case, the analyst believes that the price could be saved if Bitcoin legs up.

多名分析師發現了一種看漲形態，可能會推動 DOGE 升至 1 美元。同時，另一位分析師預計該資產在本週期將達到 3.95 美元至 23.26 美元之間。一位發現看漲模式形成的分析師暗示，該資產在上一個週期中盤整了 24 天，然後才「起飛」。狗狗幣 (DOGE) 目前在 24 小時價格圖表上下跌 5.9%，從每日高點 0.45 美元下跌至截至發稿時的 0.42 美元。著名分析師 Rekt Capital 暗示，該資產短期內可能會達到 1 美元。分析他的論文，我們觀察到狗狗幣正在模仿比特幣（BTC）的價格行為。據 Rekt Capital 稱，這款以 meme 為主題的代幣正在重新測試上升三角形模式的頂部，並將其轉變為支撐位。同時，另一位分析師 Trader Tardig 指出，DOGE 已經突破了對稱三角形模式。根據他的分析，該資產可能很快就會突破 0.55 美元大關。評估 TradingView 發布的圖表可以看出，DOGE 即將踏上另一場牛市。 12小時圖顯示看漲三角旗形態正在鞏固。根據分析，DOGE 下一次突破的目標可能是 1 美元。先前，獨立分析師 Mikybull 也揭露了下降楔形形態的形成，與平衡成交量指標形成看漲匯合。分析師 Ali Martinez 認為，DOGE 可能會在 3.95 美元至 23.26 美元之間完成周期。另一位分析師加入 DOGE 討論，鏈上活動顯示看漲前景 在這些看漲趨勢中，鯨魚在過去幾天逐漸增加了活動。 Santiment 數據顯示，價值在 10 萬美元到 100 萬美元之間的地址總共累積了超過 2.4 億個 DOGE 代幣。查看其他數據，我們發現該資產的未平倉合約 (OI) 在 11 月 24 日達到 40.5 億美元的歷史新高。一位名叫 Kevin 的分析師將當前週期與上一個週期進行比較，指出 DOGE 盤整了 24 天，然後才開始進入他所說的「宏觀黃金口袋」。在這種情況下，從當前階段開始，資產可能會觸及 3.80 美元至 4.00 美元之間。目前，Kevin 認為 DOGE 正在測試每日相對強弱指數 (RSI) 的主要趨勢支撐線。跌破目前位置可能導致 DOGE 跌破 0.40 美元。無論如何，分析師認為，如果比特幣上漲，價格可能會得到挽救。