| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- In a recent development, Dogecoin (DOGE), the largest dog-themed cryptocurrency by market cap, is predicted to experience an epic breakout, according to crypto analyst Ali.
- Despite a lackluster performance in April and a slow start in May, the current price activity of Dogecoin has attracted the attention of traders and analysts.
- Ali suggests that Dogecoin’s price fall is a typical precursor to major bull runs, and the current 47% fall could be a healthy retracement, setting the stage for a potential bull run.
Crypto analyst Ali predicts a potential breakout for Dogecoin (DOGE) following a period of lackluster price activity. The current 47% price fall is seen as a healthy retracement, indicative of a potential bull run.
Dogecoin’s Price Activity Sparks Interest
Despite closing April with a 40% decrease and starting May with a 3.39% dip, Dogecoin’s price activity has sparked interest among traders and analysts. Many are keenly observing its movements, anticipating what might happen next. According to Ali, the current price fall is characteristic of Dogecoin’s behavior before major bull runs.
Descending Triangle Pattern Indicates Potential Breakout
Ali further explains that Dogecoin’s current 47% fall could be a healthy retracement, potentially paving the way for a bull run. This is in line with a breakout from a descending triangle pattern, a common signal for a period of consolidation followed by a breakout. Given Dogecoin’s history, the breakout from this pattern could be particularly significant.
Historical Patterns Suggest Potential Bull Run
In 2017, Dogecoin broke out of a descending triangle, retraced by 40%, and then entered a 982% bull run. A similar pattern was observed in 2021 when Dogecoin broke out of a descending triangle, retraced by 56%, and then rose by a massive 12,197%. Currently, in 2024, Dogecoin has once again broken out of a descending triangle and is experiencing a 47% price correction, similar to past cycles.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Conclusion
With Dogecoin breaking out of a descending triangle pattern and undergoing a significant correction, the stage might be set for a potential bull run. However, as with any prediction in the cryptocurrency market, there are no guarantees, and past performance does not guarantee future outcomes. Whether Dogecoin will soar to new highs or not remains to be seen. At the time of writing, Dogecoin was up 2.93% in the last 24 hours to $0.128, reflecting the general market rebound after a slump at the start of May.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
