Nov 18, 2025
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Dogecoin Cup and Handle Pattern Suggests Potential Price Surge to $4
A cup and handle pattern for Dogecoin has emerged, indicating a potential recovery trend. Crypto analyst Melikatrader highlights that this pattern suggests a reversal may occur soon.
Dogecoin Macro Cup and Handle Pattern
- The pattern began in 2021 with Dogecoin's significant rally of 36,000% to all-time highs.
- This led to a multi-year cup and handle formation, signaling long-term accumulation.
- The handle is currently forming as a descending pattern, often preceding a bullish breakout.
Potential Future Price Movement
- If the price breaks out of the descending handle, an upward reversal could occur.
- This expansion phase may extend over multiple years, potentially reaching previous highs of $0.74.
- The price target ranges from a conservative $2.8 to a possible $4, implying a 2,400% increase.
