DOGE Price Prediction: DOGE Breaks Above 50-Day Trend Line, Major Rebound Opportunity Brewing Key Points: Technical analysts point out that after breaking through key resistance, DOGE's price may end months of bearish trends and initiate a potential bullish market. The current price below $0.2 is seen by some experts as an accumulation opportunity. 🚀 Bullish Breakout Signal: DOGE Price Surpasses Key 50-Day Trend Line Crypto market analyst Trader Tardigrade published an analysis on July 1st on X platform (formerly Twitter) indicating that a key bullish signal has just appeared on the DOGE daily chart: the price has successfully broken above the 50-day descending trend line resistance. This breakthrough development suggests that after weeks of compression and downtrend, DOGE may be about to kick off a strong potential upward trend. According to CoinMarketCap data, the current price of DOGE is around $0.17, having fallen nearly 10% in the past month. This trend line breakthrough is viewed as an important indicator of market momentum shifting, injecting new bullish expectations into the struggling meme coin zone. 📈 Technical Structure Strengthening: Higher Lows Indicate Potential Trend Reversal Trader Tardigrade emphasized in his price chart analysis that after breaking the long-term descending trend line, DOGE's price microstructure has shown early signs of reversal: 1. Forming higher lows (Higher Low): the price pullback did not break below the previous low. 2. Subsequently forming higher highs (Higher High): confirming the upward attempt. 3. Again forming higher lows: further strengthening the possibility that a new upward trend is forming. This consecutive structure of "higher highs" and "higher lows" is a classic early technical confirmation signal indicating that market buying power is gradually dominating, suggesting a potential trend reversal. Considering that DOGE previously experienced a long period of "lower lows and lower highs," and the 50-day trend line has acted as a strong resistance level suppressing the price, this effective breakthrough is particularly significant. 💰 Analyst Perspective: Current DOGE Price Below $0.2 is a "Free" Accumulation Opportunity In another independent analysis, renowned market expert Kaleo suggested that the current DOGE price below $0.20 provides investors with an extremely attractive long-term accumulation opportunity ("Free"), implying that relative to its potential upside, this meme coin leader is currently significantly undervalued. Through chart analysis, Kaleo predicts that DOGE's price may be on the verge of a significant breakthrough. His upward target is set at $1.5, with the potential to challenge $3.50 or higher levels. 🔄 Historical Patterns Reappearing? Current Structure Remarkably Similar to Pre-2020 Bull Market Kaleo's analysis highlights that after the Bitcoin halving in 2024, the price trend structure of DOGE bears a striking resemblance to the pattern before the explosive 2020 bull market: • 2020 Pattern: DOGE ranged sideways in a falling wedge (Falling Wedge) formation for months, after which the price skyrocketed parabolically, setting a new historical high (ATH). • Current Pattern: DOGE is similarly attempting to break out of the pattern after experiencing years of consolidation in a falling wedge. This strong similarity in historical charts suggests that DOGE may be laying the groundwork for a new round of historic bull market, triggering market optimism for significant upward potential. (Source: NewsBTC)