Key takeaways:
- DOGE price previously rallied 445% from an RSI bullish cross that’s again in play.
- A possible breakout from an ascending triangle targets $0.65 in the days ahead.
- Bullish analysts say DOGE price can reach $1 for the first time in the next few months.
Dogecoin’s (DOGE) relative strength index (RSI) produced a bullish signal in Q4 2024, a period that saw DOGE’s price rise by about 445% within a few months.
A similar DOGE price fractal is now unfolding on the charts, with a potential breakout in the coming weeks.
Past DOGE rallies saw 300% and 445% gains
The Relative Strength Index, or RSI, is a popular momentum indicator used in technical analysis that helps traders identify the strength and direction of a trend in an asset’s price.
The indicator has produced a…more
Source cointelegraph.com
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