A sudden single-day spike by Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) has prompted traders to predict an upcoming bull run for the meme coin leaders.
What Happened: With Dogecoin prices reflecting a relatively flat performance over the past week, an analyst who goes by “Kevin” on X, outlined his thoughts on the trajectory of Dogecoin. He stated that the meme coin is still trying to establish a successful bullish retest of its macro falling wedge, following its typical bull market correction of 60%.
After Friday’s price jump of 5%, Kevin further predicted that if this retest is successful, it could be the last opportunity to purchase Dogecoin at its current prices.
As …
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