Dogecoin’s Technical Signals Suggest Potential Price Surge

Recent technical analysis suggests potential shifts in the price of Dogecoin (DOGE). The coin saw a slight uptick of 0.83% over the past 24 hours, reaching $0.2329 as it continues its consolidation pattern. Crypto analyst Trader Tardigrade highlights an expanding wedge formation on the weekly chart, projecting a potential target of $1.4. This bullish outlook is fueled by Grayscale Investments’ updated S-1 filing for a spot Dogecoin ETF with the SEC. Market expectations anticipate increased institutional interest and positive technical signals.