Is Dogecoin Poised for a Price Surge? Analyst Suggests Potential Signal Amidst Accumulation

Dogecoin (DOGE), a prominent cryptocurrency from the 2021 bull market, saw its price surge to $0.76 in May of that year before experiencing a significant drop. Since January 2023, DOGE has seen an increase to a peak of $0.5, followed by a subsequent decline to $0.2. Despite the current downward trend, many are wondering when this memecoin will experience a dramatic price jump again. Joao Wedson, CEO and founder of crypto analysis firm Alphractal, believes that DOGE might be nearing an inflection point. ]