DOGE Breaks Falling Wedge, Surge Imminent
Dogecoin has broken out of its falling wedge pattern at $0.1, setting up a potential surge in price.
The breakout is confirmed by a golden cross on the MACD indicator and an overbought reading on the RSI (14) at 70.16.
According to analysis, this break is identical to the fractal that fueled Dogecoin's prior parabolic runs.
The price holds resistance against the upper Bollinger band, while the MACD and RSI indicate a probable retracement before the next leg higher.