On the weekly time frame, Dogecoin (DOGE) price consolidates inside a 50-week Adam and Eve bullish chart pattern. The 25% monthly gains could extend and push DOGE more than 500% if it successfully breaks out of the said pattern. If a specific set of events occurs within the next few weeks, it could potentially inflate the value of this dog-themed meme coin sixfold, from its current price of $0.225 to record highs. Dogecoin Price Coils Up Inside a Weekly Bullish Pattern In the past 50 months, Dogecoin price action has created a rounded bottom and sharp V-shaped reversal, leading to the formation of an Adam and Eve setup, as noted in a previous CoinGape article. As an update to this Dogecoin prediction, if certain scenarios unfold in the next few weeks, investors could capitalize on a 500% move. The rounded bottom, termed ‘Eve’, formed between May 21, 2021, and December… Read More at Coingape.com
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