Expert Dogecoin Price Prediction Eyes 2233% Rally Amid DOGE ETF Hype

Key Insights:

Dogecoin price one-month chart highlights a repeating pattern where the meme coin’s price is consolidating within an “accumulation cylinder.”
The meme coin’s current setup projects a fair target of $1.00, with an overextension target of $3.50.
CryptoElites highlighted the formation of a round bottom setup targeting $5.

Dogecoin price is eyeing a massive rally to $5 as technical patterns align with growing institutional interest and ETF momentum. At the time of writing, the meme coin was traded at $0.2156.

Dogecoin Price Prepares for $2233% Rally

Dogecoin price is showing a technical setup that suggests a major rally could be ahead. The one-month chart highlights a repeating pattern where the meme coin’s price is consolidating within an “accumulation cylinder” as it prepares for a take off.

In the past, these phases have led to strong breakouts once the 1M MA50 provided...

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