Dogecoin Price Confirms Retest With Broadening Wedge Breakout, Bullish Action To Send DOGE Above $1 | Bitcoin

The Dogecoin price seems to be in the early stages of a budding momentum with recent action in the past 48 hours. Particularly, a rebound has seen Dogecoin retesting the $0.34 price level in the past 24 hours. Notably, technical analysis of the Dogecoin price movement shows that the meme coin could now be gearing up for a remarkable move towards the $1 mark and beyond.

Dogecoin Price Retest Confirms Broadening Wedge Breakout

According to technical analysis, recent price action has seen Dogecoin complete a retest of a broadening wedge pattern. Notably, this interesting phenomenon was noted by crypto analyst Trader Tardigrade, who posted his analysis on social media platform X.

The broadening wedge formation is a generally bullish pattern that is associated with a remarkable price surge. This formation is associated with increasing highs and a relatively straight bottom. In…more

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