Dec 12, 2025
2 0
Dogecoin Three Bullish Drives Pattern Indicates Next Buying Opportunity
A Three Bullish Drives pattern has emerged on the Dogecoin price chart, indicating a potential bottom formation. Analyst Trader Tardigrade suggests this could mark a key buying point.
- The first 1.272 Fibonacci extension aligns with a descending resistance line near $0.137.
- This alignment suggests Point 3, between $0.131 and $0.124, may be a critical turning point before a price reversal.
- Dogecoin's price is expected to rebound towards $0.155 after the decline.
Additionally, an expert known as 'Crypto King' highlights a Falling Wedge pattern on the daily chart, suggesting strong bullish potential for Dogecoin.
- The DOGE price compresses against the trendline, indicating readiness for a significant move.
- If the diagonal resistance is broken, a rapid surge toward $0.27 could occur, representing a 92.86% gain from the current $0.14.
