Dogecoin Price: Double Top Pattern Points Towards 30% Potential Drop

A technical analysis of Dogecoin’s recent price action suggests a potential for a significant price decline, with some analysts predicting a 30% drop to around $0.1300 based on a double top pattern. The pattern, often associated with bearish trends, has been observed in Dogecoin’s trading behavior recently. This prediction comes after the coin’s price dropped by 26% since its peak in May, highlighting potential technical weakness.