Dogecoin Signals Potential 30% Price Surge: Technical Analysis Shows Signs of Breakout

Technical analysts are closely watching Dogecoin as the cryptocurrency forms a symmetrical triangle pattern, a classic indicator suggesting a powerful price breakout is imminent. The pattern signifies a tightening range and building momentum before a significant jump in value. Trading near $0.23, this key support zone has held firm for months. Currently, declining trading volume suggests a potential surge is just around the corner. 30% price increase is anticipated if Dogecoin breaks above its triangle’s upper boundary with strong trading volume, potentially pushing the price toward the $0.30 mark.