---
title: "Dogecoin Price Repeats Falling Wedge Pattern From 2021, Why A 6,150% Rally To $10 Is Possible"
url: https://diffcoin.com/dogecoin-price-repeats-falling-wedge-pattern-from-2021-why-a-6150-rally-to-10-is-possible/
description: "Crypto analyst Trader Tardigrade has highlighted a bullish pattern in which the Dogecoin price formed in previous bull cycles."
published: 2024-11-03
updated: 2024-11-03
author: "Mila"
site: "Diffcoin"
---

# Dogecoin Price Repeats Falling Wedge Pattern From 2021, Why A 6,150% Rally To $10 Is Possible

Crypto analyst Trader Tardigrade has highlighted a bullish pattern in which the Dogecoin price formed in previous bull cycles. Based on this, the analyst raised the possibility of the foremost meme coin rising to as high as $10.

## Dogecoin Price Repeats Falling Wedge Pattern

Trader Tardigrade revealed in an X post that the Dogecoin price had repeated a falling wedge pattern on the monthly chart. He added that a parabolic move is set to follow the falling wedge breakout. His accompanying chart showed that Dogecoin could rally to $10 as this parabolic move occurs.

![Dogecoin price 1](https://bitcoinist.com/wp-content/uploads/2024/11/Dogecoin-price-1.png?w=494&resize=494%2C420)

Source: X

The Dogecoin price also experienced parabolic moves in the 2021 and 2017 bull runs when a breakout following the falling wedge pattern formed on the monthly chart. In 2021, the price breakout led to Dogecoin hitting its current all-time high (ATH) of $0.73 in that market cycle.

Crypto analyst Dima James has also raised the possibility of the Dogecoin price rallying to $10. He stated that he expects the DOGE recovery to extend into 2025. Interestingly, he suggested that Dogecoin could even rally above $10 and rise to as high as $36. However, he noted that Dogecoin adoption would play a crucial role in pushing the meme coin to new heights.

![Dogecoin price 2](https://bitcoinist.com/wp-content/uploads/2024/11/Dogecoin-price-2.png?w=512&resize=512%2C266)

Source: X

Meanwhile, crypto analyst Master Kenobi, who predicted the start of the Dogecoin bull run, has said that the price could enjoy a massive move to the upside ahead of the November 5 US elections, catching many off-guard in the process. However, if that doesn’t happen, he expects the meme coin to consolidate for around 30 days before it enjoys another price breakout.

## The Next Breakout Could Send DOGE To $0.22

Crypto analyst Crypto Daily has predicted that the next Dogecoin price breakout will send the meme coin to $0.22. The analyst noted that while everyone is in Dogecoin panic mode, the meme coin has formed a huge cup-and-handle pattern on the daily chart, which dates back to June 2024.

The analyst added that the cup’s handle currently has a $0.15 price level as its support area. Crypto Daily remarked that the Dogecoin price should bounce off this support level and break out to $0.22.

Crypto analyst Ali Martinez also provided insights into what could be the next move for the Dogecoin price. In an X post, he predicted that if it breaks above the $0.169 resistance level, Dogecoin could rally by 27% to $0.209. The analyst had earlier alluded to DOGE’s historical pattern while stating that the meme coin could enjoy a parabolic bull run this November.

Meanwhile, self-acclaimed Dogecoin analyst on X Kevin Capital said that the Dogecoin price could rally to $0.5 by year-end if Donald Trump wins the US presidential elections.

![Dogecoin price chart from Tradingview.com](https://www.tradingview.com/x/0G747Vic/)

DOGE price drops back to $0.15 | Source: DOGEUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

[Source link](https://bitcoinist.com/dogecoin-price-2021-6150/)