Dogecoin Price Analysis: 50-Day Triangle Pattern Marks 20% Upside Target

Dogecoin Price Analysis: 50-Day Triangle Pattern Marks 20% Upside Target
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Dogecoin

DOGE
$0.24

24h volatility:
1.9%

Market cap:
$36.84 B

Vol. 24h:
$2.77 B

has emerged as one of the top performers among the 10 largest cryptocurrencies this week. After opening trading at $0.20 on Sunday, DOGE price entered a 15% uptrend as it climbed as high as $0.25 on Wednesday.
In terms of active bullish catalysts, the ongoing Dogecoin price rally is closely linked to institutional demand. The rally kicked off on Monday, when Cleancore, a publicly listed firm offering bespoke cleaning solutions, announced an initial acquisition of a $235 million investment, with a target of 1 billion DOGE, over the next 30 days, to diversify its balance sheet.
The announcement enhances Dogecoin’s corporate credibility,

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