Dogecoin

bullish

Source

Reversal

<ul class="wp-block-list">
  
 <li>Dogecoin confirms breakout above $0.165, with strong bullish signals and rising momentum.</li>   
 <li>DOGE trading volume surges 35%, supporting analyst targets of $0.23, $0.29, and $0.34.</li>   
 <li>Analysts suggest Dogecoin could reach $2.8 in future cycles if bullish structure holds.</li> 
</ul>   
<p>Dogecoin (DOGE) is showing strong signs of entering a new bullish phase, driven by a confirmed breakout pattern. A third falling wedge breakout between DOGE and Bitcoin (BTC) has just occurred, a technical event that has previously led to major Dogecoin rallies. Current market conditions suggest that this time may not be different.</p>   
<h2 class="wp-block-heading" id="dogecoin-confirms-falling-wedge-breakout-and-trend-reversal">Dogecoin Confirms Falling Wedge Breakout and Trend Reversal</h2>   
<p>According to analysis prepared by Trader Tardigrade, <a href="https://cryptofrontnews.com/dogecoin-confirms-bullish-reversal-breakout/" target="_blank" rel="noreferrer noopener">Dogecoin’s recent breakout</a> from its falling wedge pattern could lead to another major pump. Historical patterns show similar breakouts have preceded strong upward moves in Dogecoin’s price.</p>   
<figure class="wp-block-image">
 <a href="https://x.com/TATrader_Alan/status/1916855103010865408" target="_blank" rel=" noreferrer noopener"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcixzQp1epNV1jMotOBOZAm547SrMo8uS9Tw8aHIycWZEjCJFPgohczZYdEtQaJTLoGeHaoECQHwQ05t-Vf1hyRDHrZyBaeCmH8Qc5d-xP1YPvtGjRx2FDpcCs5InzBH_N_P-ZnOA?key=fNMueOamVLVFeewBlIuvfZqf" alt=""></a>
 <figcaption class="wp-element-caption">
  <strong>Source :Trader Tardigrade(X)</strong>
 </figcaption>
</figure>   
<p>Supporting this view, Dogecoin’s daily chart confirmed a breakout above a descending trendline near $0.165 on April 22, 2025. The price later retested this trendline, now acting as support, before continuing higher. As of April 28, Dogecoin trades around $0.18, reinforcing the strength of the bullish trend.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/TATrader_Alan/status/1916798810367598866 
 </div>
</figure>   
<p>Additional technical signals align with this movement. The daily Relative Strength Index (RSI) stood at 58 on April 28, moving out of oversold conditions. Meanwhile, the MACD indicator displayed a bullish crossover on April 27, indicating strengthening positive momentum.</p>   
<h2 class="wp-block-heading" id="trading-volume-and-analyst-targets-support-higher-moves">Trading Volume and Analyst Targets Support Higher Moves</h2>   
<p>According to an observation by market trackers, <a href="https://cryptofrontnews.com/dogecoin-nears-wyckoff-phase-e-as-breakout/" target="_blank" rel="noreferrer noopener">Dogecoin’s 24-hour trading</a> volume reached $1.2 billion on April 28, showing a 35% increase compared to the previous week. Major pairs like DOGE/USDT and DOGE/BTC recorded heightened activity on Binance and Kraken exchanges.</p>   
<figure class="wp-block-image">
 <a href="https://x.com/JohncyCrypto/status/1916478695604113649" target="_blank" rel=" noreferrer noopener"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdjBK4h9sBG5ZLpqzegdkiricE6UbCYuI-5HOKuaNiiV6dS5xpD5lc-ra-9eNKPvPyLKPpV2R3BNkQx4sWgixag_DLbdvg0acgESys5nYULJQAVeIaHCAiTlPDwi6N74KRtq-arTQ?key=fNMueOamVLVFeewBlIuvfZqf" alt=""></a>
 <figcaption class="wp-element-caption">
  <strong>Source :Jonathan Carter(X)</strong>
 </figcaption>
</figure>   
<p>Crypto analyst Jonathan Carter has also identified bullish targets for Dogecoin. He projects the next resistance zones at $0.23, $0.29, and $0.34. Trader Tardigrade stated that in the short term, Dogecoin could hit $0.25 by early May, while the longer-term structure suggests a move toward $2.8 in future cycles.</p>    
<p>The post <a href="https://cryptofrontnews.com/dogecoin-breaks-out-from-falling-wedge-eyes/" target="_blank">Dogecoin Breaks Out From Falling Wedge, Eyes $0.25 Short-Term and $2.80 Long-Term</a> appears on <a href="https://cryptofrontnews.com" target="_blank">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.</p>

Dogecoin Breaks Out From Falling Wedge, Eyes $0.25 Short-Term and $2.80 Long-Term

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