3 reasons why Dogecoin price can now gain 50% by September
At least three market catalysts show that Dogecoin (DOGE) could climb by at least 50% by the end of Q3 2022.Dogecoin has been painting a “falling wedge” pattern on its longer-timeframe charts since May 2021, hinting at the potential for a bullish reversal in the coming months.
Falling wedges appear when the price trends lower inside a range defined by two descending, converging trendlines. Their occurrence coincides with declining trade volumes, suggesting that trading activity slowed down due to the narrowing price range.A break of the wedge to the upside, coupled with a rise in trading volumes, suggests the asset is breaking out.
Source
@Doge_ShibaInu
