Technical analysis by adammska about Symbol DOGE: Buy recommendation (3/24/2024)

DOGE trades in a long term range against ETH. It lags during the early stages of bull market, and surges during the "mania" phase. Sometimes DOGE also surges due to news catalysts, but is contained by the blue trendline. Once the blue trendline gets broken, I expect DOGE to quickly move to upper end of its range. And in a "perfect storm" scenario, i.e mania + news catalyst, DOGE might break out of its 9 year range into price discovery.