Dogecoin Price Set To Skyrocket By Saturday, Warns Crypto Analyst

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Dogecoin Price Set To Skyrocket By Saturday, Warns Crypto Analyst - NewsBTC

Quick Summary:

Kevin’s analysis suggests that this critical breakout could happen “by Saturday at the latest.” Related Reading: Dogecoin Forms A Nasty Triple Top’: Analyst Reveals What’s Next In technical analysis terms, a breakout occurs when the price moves beyond the defined trend lines of a formation, signaling a potential continuation or reversal of the trend.

Crypto analyst Kevin (@Kev_Capital_TA) has identified a bullish pennant formation in the 4-hour Dogecoin / USD price chart, indicating that a significant price movement could occur by this coming Saturday.

In a post on X, Kevin remarks: "Dogecoin is now forming a more defined potential bullish pennant that has multiple touch points on each side with plenty of consolidation time.