Dogecoin’s Rounded Bottom: A Signal for Potential Price Surge?

Recent chart patterns have fueled speculation about Dogecoin’s potential for a price surge. The cryptocurrency has formed a rounded bottom, reminiscent of past rallies, prompting analysts like Trader Tardigrade to predict a move towards $0.80 or higher. This pattern has been observed on the 6-month chart and suggests a possible breakout similar to previous occasions. Increased trading activity and whale accumulation are further evidence of this potential surge, with platforms like Binance and OKX reporting significant activity.