The Dogecoin price shows signs of continued bullish momentum, as a crypto analyst has predicted a potential breakout towards the $0.74 all-time high. This significant price surge is expected to occur following the meme coin’s consolidation phase, which began after its recent rally above the $0.4 level.

Dogecoin Price Eyes $0.74 ATH Rally

A recent analysis published on TradingView discusses Dogecoin’s price action and its potential to rally towards the $0.74 ATH. According to a crypto analyst, Linda, Dogecoin is taking advantage of the market hype and now consolidating after experiencing a substantial price increase. This behavior is typical after a significant price rally as the market stabilizes and the cryptocurrency prepares for the next leg up. 

RLinda has pinpointed the range between $0.45 and $0.46 as the trigger level for the continuation of the Dogecoin price rally. The analyst highlighted that if Dogecoin can break above this key range, it has a significantly higher chance of reaching the $0.74 ATH.

Despite Bitcoin’s recent drop from its $103,000 ATH, the TradingView analyst reveals that the price of Dogecoin remains unaffected and unbothered by the market noise. Typically, top meme coins like Dogecoin tend to follow market trends, often declining due to broader ma

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Author: Scott Matherson