Cryptocurrency analyst Joao Wedson believes Dogecoin could be primed for a significant surge. Drawing on historical data and market indicators, he highlighted four key points to support his claim. Specifically, Wedson emphasized that the cryptocurrency saw significant liquidity trapped at a $0.50 level during its previous major drop. This, according to Wedson, signals strong rallies after months of accumulation following periods of intense short-selling. He noted that DOGE’s price action against Bitcoin is currently approaching crucial support levels reminiscent of the 2021 rally. This suggests a potential shift in attention towards Dogecoin as it gains more traction than Bitcoin.