Crypto analyst KrissPax suggests that Dogecoin is still very bullish despite its recent consolidation phase. The analyst points out that Dogecoin is trading in a classic ascending triangle pattern on the 2-hour chart, which typically indicates a bullish outlook. Other analysts, such as Rekt Capital, also highlight the ascending triangle pattern and predict a potential rally to $0.56 when Dogecoin breaks out. Additionally, analysts like Master Kenobi and Kevin Capital believe that the current consolidation period is expected and still in bullish territory based on historical patterns. They suggest that Dogecoin could enjoy another pump in the next few days, potentially reaching $1 and even as high as $2.9. Crypto analyst Bluntz Capital predicts an explosive upside move for Dogecoin once it breaks the 3-week accumulation trend, with a projected target of $0.6. Furthermore, analysts Crow and KrissPax mention that Dogecoin could potentially break its current all-time high at $0.73 on the next leg up. Currently, the Dogecoin price is trading at $0.43, experiencing a 4% decline in the last 24 hours.



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