Dogecoin Price completes a wedge breakthrough for Bitcoin. Can Doge beat BTC in this cycle?
Dogecoin price has just completed key technologies Breakthrough against Bitcoin (BTC)it is possible to send out a clear start of the rally. According to the determined analyst Wedge breakoutDogecoin may also outperform Bitcoin in this market cycle.
Dogecoin Price Eyes Pump Pump Wedge Breakthrough
April 27, Trader Tardigrade, X (formerly Twitter) crypto analyst, Announce That Dogecoin exploded for the third time in a row Wedge pattern drops– Each represents a major upward movement in the value of a meme coin relative to Bitcoin. With the crypto market The highly anticipated Altcoin seasoncurrent technical indicators indicate that Dogecoin is a candidate for powerful pumps.
Trader Tardigrade shared charts track Doge/BTC pairs over a 3-day time frame, highlighting three well-known drop wedges. This pattern is widely regarded as a bullish reversal signal, usually before large price rallies.
exist decline As cryptocurrencies lower their prices at high and low lows, the scope of this movement gradually tightens. This narrowness means that sales pressure is waning, and Buyers are gradually regaining control market.
It is worth noting that Dogecoin began to form the first two drop wedge patterns in 2023 and 2024 respectively. After these wedge breakouts, Doge/BTC pairs experienced a fast and aggressive rally, as confirmed by the sharp vertical green arrows Market value surges Mark on the chart. These huge price increases occurred in March 2024, and again around October of the same year.
Now, in April 2025, the third dropped wedge has completed its breakthrough, marking again with a breakout candle on the landing resistance line. According to the technical model, this marks a strong shift in bullish momentum, which sets the stage for Dogecoin to record its third pump.
Trader Tardigrade confirmed that Dogecoin’s current wedge setting almost identically mirrors past loops, thereby enhancing the possibility of similarly powerful gatherings. If there are any historical signs, the Doge/BTC pair may experience an explosion, from $0.00000173 to $0.000057.
Analysts will soon see Doge outperform Bitcoin
In another Analysis ReportTrader Tardigrade compared Dogecoin’s historical performance with Bitcoin over a 3-day time frame. The analysis focuses on a recurring pattern involving price action and balance (OBP) indicators, a key indicator used to measure the balance between buying and selling pressure.
According to Trader Tardigrade, Dogecoin can outperform Bitcoin If the current Doge/BTC Obl model reflects historical trends, it’s soon. It is worth noting that the current setup is very similar to the pattern observed in mid-2024, before Dogecoin went from October to December of that year.
In the past and current situations, Doge Has experienced a steady recessionand then the merge phase. The significant increase in Obv indicates strong accumulation and buying pressure. Ultimately, in 2024, this led to a sharp breakthrough, triggering a strong rally against BTC.
Featured Images from Getty Images, TradingView.com Charts
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