Breaking out! Dogecoin (DOGE) completely rewrites historical trends and grabs the sky-high throne at $2.9 Dogecoin (DOGE) has been steadily rising 5.2% over the past week, from $0.13 on April 9 to about $0.15. Currently, this popular meme coin is testing the key resistance level of $0.16, despite a slight pullback of 2.08% in the past 24 hours. Analyst and trader Tardigrade found important underlying patterns in Dogecoin’s 3-day chart since 2014. Analysis shows that there are a series of symmetrical triangle patterns in Dogecoin history, and each time it precedes a major price breakthrough. Dogecoin’s historical price trend is in a long-term symmetric triangle pattern, with each triangle indicating a significant upward breakthrough. The first triangle formed in 2014-2016, prompting the price to break through to $0.004, then entered consolidation, eventually breaking through again in mid-2017, with the price reaching a high of $0.0187 in January 2018. The second symmetric triangle formed in 2018-2021 with a similar structure, rising sharply to an all-time high of $0.74 during the 2021 bull market. After the callback, Dogecoin formed and broke through the third symmetric triangle at the end of 2024. Tardigrade believes that a recent breakthrough may indicate a new round of major price trends, with a target price expected to be $2.90, an increase of about 1593% compared to the current price of $0.1593, which is consistent with analyst Scofield's forecast of Dogecoin to $3 in November last year. He observed that Dogecoin has stabilized at around $0.145 after falling back from its annual high of $0.485, and its current price coincides with the uptrend line since November 2023, which previously served as support twice. Martinez pointed out that as long as Dogecoin maintains above the support level of USD 0.13, the technical side is conducive to the rise. If it can continue to break through the $0.17 resistance level, the price target may be higher, which may reach $0.21 or $0.29. On-chain indicators further support Dogecoin bullish expectations. Address activity data shows that the number of new addresses increased by 102.4% in the past week, the number of active addresses increased by 111.32%, and the number of zero-balance addresses increased by 155.51%, indicating strong growth in the ecosystem and strong interest among new participants. #DOGE