Dogecoin's Bullish Pattern: Cup & Handle Targets $2.31
Dogecoin's Bullish Pattern: Cup & Handle Targets $2.31
Dogecoin, the popular meme-inspired cryptocurrency, is currently capturing the attention of technical analysts as its weekly chart exhibits a textbook 'cup and handle' continuation structure. This classic pattern, widely recognized in technical analysis circles, is being observed by crypto analyst badger (@badger0102), who has mapped out a potential macro cup-and-handle formation that effectively spans the entire 2021–2025 market cycle. This intriguing development suggests an upside potential that could significantly surpass its prior all-time highs. The analyst's findings, shared alongside a TradingView screenshot of the DOGE/USD pair on Binance, indicate that at the time of charting, Dogecoin's price hovered around $0.2268. This position is strategically located between the crucial 0.50 and 0.618 Fibonacci retracement levels of the measured move, underscoring the current equilibrium in the market as the pattern progresses. Understanding Dogecoin's Cup And Handle Pa…