Dogecoin Price Prediction: Can It Reach $0.30 Next?

Dogecoin’s price has been volatile recently, dropping from $0.24 to $0.21 before briefly bouncing back after Fed Chair Powell’s speech at Jackson Hole. Crypto analyst Ali Martinez observed a symmetrical triangle forming on Dogecoin’s 4-hour chart, which signals potential continuation in its price movement. If the pattern confirms, he expects a 30% rally to reach $0.30. However, this is contingent upon several factors: a breakout above the trendline and sustained bullish trends across broader crypto markets.