Dogecoin (DOGE) has dropped 6.7% over the past week and 20% over the last 30 days, reflecting broader market concerns.
TradingView analyst “Cobra Vanguard” warns bears to “be careful” as a cup and handle pattern suggests a potential price surge.
The AB=CD harmonic pattern predicts DOGE could hit $0.88.
Dogecoin has struggled in recent weeks, mirroring broader market uncertainties. The meme-inspired cryptocurrency has lost 6.7% from its recent high near $0.20, dropping to a low around $0.16. Over the past 24 hours, DOGE has slipped another 4.0%, contributing to a 20% decline over the last month.
Despite the downward trend, analysts are closely monitoring key technical indicators that suggest a possible trend reversal. A well-known TradingView analyst, Cobra Vanguard, has cautioned bearish traders to “be careful,” pointing to a bullish formation in Dogecoin’s price action.
Dogecoin Cup and Handle Pattern Signals a Potential Breakout
One of the most significa
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