According to Cas Abbé on Twitter, Dogecoin (DOGE) recently attempted to break above a key resistance level but faced rejection. The analysis highlights that similar breakout patterns in both 2023 and 2024 led DOGE to reach yearly highs, indicating a strong technical precedent for significant upward movement. Traders should closely monitor DOGE’s price action, as a confirmed breakout above current resistance could trigger substantial momentum, potentially pushing DOGE to new highs and increasing trading volumes in the broader crypto market. Source: Cas Abbé (@cas_abbe) on Twitter, May 17, 2025.

According to Trader Tardigrade, Dogecoin has reached its round bottom pattern in the current cycle, which historically signals the potential start of a major bull run for DOGE. Technical analysis shared by Trader Tardigrade on Twitter highlights that this formation often leads to significant upward momentum, making it a critical level for traders to monitor for breakout opportunities. Source: Trader Tardigrade (@TATrader_Alan), April 26, 2025.