Dogecoin Price Analysis: Breaking Out of the Parabolic Base for Potential $1.50 Surge

Dogecoin (DOGE) has exited the third stage of a parabolic curve, indicating a potential breakout above $1.00. Analysts believe this upward movement may be driven by expanding DeFi applications and increasing institutional investment. The current price trend suggests a transition into Base 4, with support at around $0.187. If DOGE can achieve a strong rally from this zone and maintain momentum, it could target prices between $0.313 to $0.3597. These targets are based on historical Fibonacci extension lines observed in previous market cycles.