After a 208% breakout in early November, Dogecoin $Dogecoin (DOGE.CC)$ has consolidated within a tight range between $0.35 and $0.48 for four weeks. DOGE’s recent price correction led to a breakout below an ascending trendline, indicating a potential bearish trend shift.
However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and repetitive setup from M...