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Dogecoin’s price movement remains a matter of discussion among crypto traders on social media, with a well-known analyst pointing to a major breakout pattern that could send DOGE soaring toward $1. Popular crypto analyst Lucky (@LLuciano_BTC) recently shared his bullish outlook with his 2.2 million followers on X, stating that the coveted $1 price target for Dogecoin is now only a matter of time.
Bull Flag Pattern Signals Strong Momentum
Although Dogecoin has shown strong bullish momentum at various points, it has yet to surpass its all-time high of $0.7316 in this cycle. However, many DOGE enthusiasts remain bullish on the meme coin, with many of them looking forward to an eventual break above $1 this bull cycle. Ironically, Dogecoin hasn’t even broken above $0.5, which is the halfway mark to reach the $1 target. Nonetheless, crypto analyst Lucky noted that it’s only…more
Source bitcoinist.com
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