Ah, Dogecoin-our favorite crypto canine-currently lolling around in a well-constructed falling wedge pattern, just waiting for that moment to pounce. According to one particularly optimistic (and dare I say, quite daring) analyst, a breakout could lead to a dazzling 80-90% rally into the plush $0.20 range. Because why not? Everyone loves a good Doge rise, especially when it’s as delightful as this one.
The Doge Is About To Do The Unthinkable
Clifton Fx (@clifton_ideas) dropped this delightful little nugget in his most recent DOGE/USDT update, dated November 25, 2025. He shared a 12-hour chart from Binance that stretches all the way back to late July. So, brace yourselves, we are now deep into technical analysis territory.
The chart’s charm is in the two descending trendlines, which gracefully enclose the price action like a fancy little prison for Dogecoin. On top, we’ve got a resistance line drawn through lower highs from early autumn to late November. That line currently floats just above the latest candle around the lovely mid-$0.15 area, daring the price to break free. And on the bottom, there’s the support line, which has been a loyal friend since August, keeping things cozy in the high-$0.12 to low-$0.13 zone. Together, these lines form a falling wedge, a beautiful and dramatic technical formation. Clifton’s caption, ever so insightful, reads: “Falling wedge formation in 12h timeframe.” Well, thank you, Captain Obvious.
Now, let’s get into the meat of it. Dogecoin has been playing the game of lower peaks and troughs, and I must say, it’s been quite the entertaining rollercoaster. We had that dramatic October 10 sell-off, marked by a large red candle, which sent prices tumbling into the lower boundary. But wait! There was a brief recovery-oh, the drama! Throughout late October and November, Dogecoin has respectfully bounced off the upper trendline, while finding solace in the lower boundary during sell-offs. It’s the crypto equivalent of a bad breakup: doge dips, doge recovers, rinse and repeat.
Fast forward to mid-November, and Doge once again tests that lower boundary, making a valiant attempt to dip below $0.13. A few green candles follow, bringing Doge back toward the upper trendline-ah, but no clear breakout yet. The suspense is palpable, my friends. The latest candle flirts with the resistance line, but alas, no conclusive 12-hour close above it, leaving the wedge unbroken. Could this be the calm before the storm?
Now, Clifton Fx has plotted an upside scenario that could make any crypto lover giddy. A translucent green projection box begins at the current price near $0.15181, leading us toward a glorious 81.14% rise. And where does this miracle land us? Somewhere above $0.27, just below $0.28-oh, the sweet, sweet smell of potential riches.
Clifton, ever the optimist, sums it all up with this rather daring declaration: “In case of an upside breakout we can see an 80-90% massive bullish rally in the next coming days.” Yes, because we all know how these predictions go…definitely not a risky bet.
However, dear reader, let us remember: the chart is still very much in a state of flux. The upper wedge line hasn’t been broken, and there’s no sign of invalidation-yet. So, for now, Dogecoin is trapped between that oh-so-familiar descending resistance around $0.15 and the support above $0.13. A clean breakout could quickly reprice Doge into the high-$0.20 range, but remember, nothing in life (or crypto) is ever that simple.
As of this moment, Dogecoin is lounging at $0.14988, trying to decide whether it wants to join the big leagues or remain in the comfort of its current wedge.
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2025-11-26 19:49