Dogecoin (CRYPTO: DOGE) has underperformed vis-à-vis the rest of the memecoin market in the last two weeks, but an analyst predicted massive gains for the original dog-themed token in the days ahead.

What Happened: Popular cryptocurrency trader Kevin drew attention to the coin’s inverse head and shoulders pattern on the price chart. He observed a consolidation around the neckline.

#Dogecoin consolidating at the neck line of the inverse head n shoulders. The expectation is that this breaks out within the next 24-48 hours with a price target of .22 cents #Crypto #Altcoins #DOGE pic.twitter.com/B23dNF5EWS

— Kevin (@Kev_Capital_TA) May 22, 2024

Dogecoin (CRYPTO: DOGE) has underperformed vis-à-vis the rest of the memecoin market in the last two weeks, but an analyst predicted massive gains for the original dog-themed token in the days ahead.

What Happened: Popular cryptocurrency trader Kevin drew attention to the coin’s inverse head and shoulders pattern on the price chart. He observed a consolidation around the neckline.

#Dogecoin consolidating at the neck line of the inverse head n shoulders. The expectation is that this breaks out within the next 24-48 hours with a price target of .22 cents #Crypto #Altcoins #DOGE pic.twitter.com/B23dNF5EWS

— Kevin (@Kev_Capital_TA) May 22, 2024

 Dogecoin (CRYPTO: DOGE) has underperformed vis-à-vis the rest of the memecoin market in the last two weeks, but an analyst predicted massive gains for the original dog-themed token in the days ahead.
What Happened: Popular cryptocurrency trader Kevin drew attention to the coin’s inverse head and shoulders pattern on the price chart. He observed a consolidation around the neckline.

#Dogecoin consolidating at the neck line of the inverse head n shoulders. The expectation is that this breaks out within the next 24-48 hours with a price target of .22 cents #Crypto #Altcoins #DOGE pic.twitter.com/B23dNF5EWS
— Kevin (@Kev_Capital_TA) May 22, 2024   Read More$DOGE, Cryptocurrency, dogecoin, News, Markets, $DOGE, News, Cryptocurrency, Markets, Benzinga Markets