Dogecoin's Potential Surge: Musk, Trump, and Market Dynamics
Dogecoin is potentially forming an ascending triangle pattern, which could lead to a price surge to $0.56, according to crypto analyst Rekt Capital. This bullish pattern, if confirmed by a daily close above $0.43, could boost investor confidence and influence other meme coins like Shiba Inu and Pepe. Another analyst, Bluntz, suggests Dogecoin's real target this cycle is $2.2, with the DOGE/BTC pair expected to hit a new all-time high. Currently, Dogecoin is priced at $0.42, with increased trading volume indicating rising investor interest.