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DOGE Price Eyes $5 Breakout as EU Expansion Bolsters Mainstream Adoption

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DOGE DOG
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Dogecoin's price is showing signs of a potential breakout to $5 after forming a weekly double-bottom pattern, according to crypto analyst Trader Tardigrade.

The formation indicates buyer support and a possible reversal for the DOGE price if its neckline breaks at $0.40.

Meanwhile, Robinhood's expansion into the European Union has provided regulated access to Dogecoin, potentially boosting liquidity, market visibility, and mainstream adoption.

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