Dogecoin Surges Amid Musk and Trump Endorsements, Eyes $1 Milestone

Dogecoin's price is showing a bullish pattern on the hourly chart, suggesting a potential rally to $1, according to crypto analysts. The bull flag pattern and Fibonacci levels indicate upward momentum, with some analysts predicting DOGE could reach $1 by year-end and possibly $2 by December. However, a consolidation period is expected before the next move, with a potential retracement to the $0.26-$0.30 range. Currently, Dogecoin is trading at around $0.37, down 4% in the last 24 hours.