Dogecoin Price Reclaims $0.15 As Five-Year Wedge Breakout Now Imminent
The post Dogecoin Price Reclaims $0.15 As Five-Year Wedge Breakout Now Imminent appeared on BitcoinEthereumNews.com.
Crypto trader forecasted Dogecoin (DOGE) price could rally 200% in the short term, based on a 5-year wedge breakout Dogecoin surpasses Bitcoin in daily price gains as the broader market rebounds from the last downtrends 21Shares submits a new amendment filing to the U.S. SEC, disclosing a 0.50% management fee Dogecoin (DOGE) price has reclaimed the $0.15 mark following speculations of an imminent 5-year wedge breakout. As regards price gains, DOGE outperformed Bitcoin (BTC), the world’s leading cryptocurrency, over the past 24 hours. The DOGE recent price rally aligned with a Dogecoin exchange-traded fund (ETF) filing update by 21Shares. Dogecoin Set for a 5-Year Wedge Breakout Crypto trader Altcoin Pioneers recently released a highly bullish technical analysis post about Dogecoin. The trader said Dogecoin is on the verge of a massive price explosion, just like it did in the 2021 bull run. Altcoin Pioneers used chart patterns to argue for a breakout that could send the price soaring to over 200% in the short term. The trader also anticipated a 10x rally or more in the long term. DOGE Price Analysis | Source: Altcoin Pioneers A key bullish signal highlighted by Altcoin Pioneers is an imminent wedge breakout forming roughly 2020. The trader noted that the DOGE price is at the tip of a massive 5-year falling wedge on the 3-week chart. The DOGE price recently touched the upper resistance line around $0.175–$0.18, before perfectly retesting the lower trendline. This is a classic breakout behavior, which could lead to more bullish rallies for DOGE. As of this writing, DOGE was trading around $0.15, demonstrating a 9.9% rally over the past 24 hours. Altcoin Pioneers added that the DOGE trading volume has dropped to very low levels. This is a good sign as low volume means sellers are exhausted. The trader…
Filed under: News - @ December 3, 2025 5:22 pm