Dogecoin Price Prediction: Analyst says There Is 100% Chance Of A Bullish Rally, Here’s Why

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Oh, look, folks! Dogecoin is about to make a *comeback*. It’s like your high school crush showing up at your 10-year reunion: a little bit unexpected, a whole lot exciting. According to some “expert” (aka @basictradingtv), Dogecoin is following its favorite pattern of rounding bottom shapes and parabolic rallies. You know, just the stuff that’s always propelled its price to *out of this world* highs. How convenient that the meme coin’s so predictable, right?

Dogecoin: The Cycle We Can’t Escape (But Kind of Want to)

Apparently, Dogecoin loves to do this thing called the “rounding bottom.” (No, it’s not some weird yoga move, but I can’t promise it won’t make you sweat.) This is a pattern where Dogecoin starts with a gradual dip, then—*bam*—we’re off to the moon. Well, that’s what happened before, and now it’s doing it again, making it seem like the meme coin is gearing up for yet another parabolic ride to glory. Not that we’re complaining. Just maybe don’t forget the little people when you’re rich.

If you look at the chart, and let’s be real, we all know you don’t—Dogecoin’s “recovery phase” has already kicked off. Last time this happened, it went from “meh” to “HOLY DOGE, WHAT JUST HAPPENED?” So we’re kind of hoping for a repeat performance. Don’t mess this up, Doge. We’ve got our fingers crossed.

After peaking at $0.48 in December 2024, Dogecoin decided to take a little breather and dive down to $0.1477 in March. But here’s the twist: instead of sinking to the bottom of the crypto ocean, it hit a support level like a dog landing on its feet. Cute, right? Now it’s recovering, and at the time of writing, it’s hanging out at $0.2. Nice work, Doge. You’ve got this!

The “March Madness” Candle Test

Here’s the deal: Dogecoin needs to close March’s monthly candlestick above that solid support level. No pressure, but if it doesn’t, well… let’s just say the party might be over. The analyst has also dropped a couple of magic numbers for us: $0.15 and $0.5. Sounds like a coupon code, but sadly, it’s just Dogecoin’s future. If Doge dips below $0.15 again, it’s going to be like waiting for a slow Wi-Fi connection. But if it breaks $0.5? Ding, ding, ding! Parabolic rally, people. Get ready for the ride of a lifetime.

Right now, Dogecoin is trading at a cool $0.2052, up by 10.8% in the past 24 hours. That’s almost like finding $5 in your jeans pocket, but in crypto. We’re keeping an eye on this one. Stay tuned, everyone—this rollercoaster could get wild. 🚀🐕

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2025-03-27 04:18