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Dogecoin Analysts Predict Potential Rally with Price Doubling to $0.30
Crypto analyst Bitguru suggests that Dogecoin may be poised for a significant recovery based on historical patterns. The current setup mirrors past rallies, which have resulted in substantial price increases.
Key Observations:
- The pattern involves three stages: a sharp price drop into demand, followed by consolidation, and then a rally after finding support.
- This trend was first noted in the second quarter of this year, leading to a nearly 100% price increase from under $0.15 to above $0.28.
- A similar pattern occurred in the third quarter, with the price again almost doubling.

Currently, Dogecoin is approaching the support level of $0.15, indicating potential for another rally.
Potential for Price Increase:
- If the pattern holds, Dogecoin's price could double, potentially reaching $0.3 once the trend completes.
