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Dogecoin has spent the majority of the past 30 days drifting lower, falling 
into a tight and almost predictable rhythm of lower highs and lower lows. The 
movement has been sluggish, but technical analysis shows that something 
important may now be forming. A new analysis shared by crypto commentator 
Clifton Fx suggests that Dogecoin is approaching the end of this decline, and 
the chart he posted highlights a falling wedge pattern that could become the 
basis for a 96% rally if buyers finally step in with conviction. A Falling 
Wedge That Has Started Attracting Attention Technical analysis of Dogecoin&#8217;s 
price action on the 12-hour chart shows two downward-sloping trendlines 
gradually converging. This pattern is highlighted by coiling price action, 
with each bounce becoming smaller and the space between the trendlines 
becoming narrower. Related Reading: Here’s The Bullish Trend Developing To 
Trigger A 174% Move For The Dogecoin Price This structure is what analysts 
often describe as a falling wedge. It forms during a downtrend, but the more 
it tightens, the more it hints that sellers are losing control and buyers are 
quietly gaining ground. Clifton Fx pointed exactly to this development in his 
post, noting that Dogecoin is already pushing against the upper boundary of 
the wedge. The chart he shared shows the price making repeated attempts to 
break out, something that is typically viewed as early evidence that momentum 
is shifting. As it stands, recent price action in the past 48 hours or so has 
led to the creation of multiple green 12-hour candles after Dogecoin rebounded 
from a $0.135 low. This has caused the Dogecoin price to approach the upper 
resistance trendline, and the outlook depends on what happens here. In the 
analyst&#8217;s view, a strong breakout candle above the wedge would confirm that 
the pattern has completed and that Dogecoin is ready for a sustained move 
upward. The Case For A 96% Rally The appeal of this technical setup is the 
potential size of the move if the breakout plays out. The wedge spans a wide 
vertical range, and in technical analysis the height of the pattern is a guide 
for estimating the rally after a breakout. Related Reading: XRP Price To $10, 
Solana To $600, And Dogecoin At $0.75? Analyst Reveals When Based on the 
structure visible on the chart, a successful breakout would open the door for 
a 96% climb from current levels. However, this doesn’t guarantee that the move 
will happen immediately. Dogecoin has been under pressure for weeks, and a 
breakout without proper momentum can easily fail. A clean surge above the 
trendline, preferably one that arrives with rising trading volume, would help 
confirm that buyers are taking over. Anything slower or weaker could see the 
Dogecoin price rejecting at the resistance trendline and falling to approach 
the lower support trendline, which is now around the mid-$0.13 range. Featured 
image from Pngtree, chart from Tradingview.com

Dogecoin Price Can Stage A 96% Rally If It Breaks This Falling Wedge Pattern

Ethereum’s Fusaka upgrade went live, driving ETH to $3,222 and marking a major 
step in scalability. The update raised the block gas limit to 60M and 
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developers but praised for enabling parallelization and preventing resource 
overload. Technical Triumph: Scalability and Fee Reduction The Ethereum 
blockchain’s […]

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The SEC approved a 2x leveraged ETF tied to SUI as regulators warn that 
excessive leverage continues to amplify volatility across crypto markets.

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Gold advocate Peter Schiff faced Binance co-founder Changpeng &#8220;CZ&#8221; Zhao during 
an event panel in Dubai, arguing that tokenized gold is a better store-of- 
value asset than Bitcoin.

Cryptocurrency price in USD