Dogecoin’s Familiar Cycle: Signs of a Potential Breakout

Dogecoin is exhibiting classic rally patterns, similar to its explosive 2021 surge. After bouncing from support near $0.20 and above the 25-day moving average, the DOGE price shows potential for another major upward move. Key zones of interest are near $0.29, $0.45, and $0.86. Analysts Ali Martinez and EtherNasyonaL highlight similar structures to past Dogecoin cycles, with a breakout from a descending channel followed by retest, suggesting the start of a potential new rally.