Dogecoin Price Analysis: Bullish Pattern Signals Potential 27% Rally

Dogecoin Price Analysis: Bullish Pattern Signals Potential 27% Rally

Dogecoin's price shows signs of recovery as a bullish pattern emerges on its daily chart. The asset is at the bottom of the bullish market structure, with the potential to rally 27%. Following the recent market downturn, Dogecoin (DOGE) investors rushed to dump their coins on exchanges. But since the market began recovering, exchange inflows have reduced, setting the stage for a possible bullish rally for the meme coin.