Bulls are anticipating a 125 percent increase in Dogecoin price.

The price of Dogecoin is continue to be squeezed.
The DOGE price has been well supported in recent weeks, with increased buy-side volume.
Expect a breakout to the upside as bears retreat, paving the way for a 125 percent rally.
The price of Dogecoin (DOGE) has been in an uptrend since April, with minor price swings along the way. Nonetheless, bulls have consistently maintained the lower end of the DOGE price response around the green ascending trend line. Expect a bullish breakout towards $0.53 as the price squeeze continues to produce lower highs and higher lows.

The price of Dogecoin is still seeing a lot of buy-side action.

Since September, buy-side volume has increased significantly in the Dogecoin price. Bulls can use these opportunities to add extra weight to their existing or new long holdings. The climbing green trend line remains stable and does not appear to be giving way anytime soon.

With only one retest two weeks ago, DOGE price finds the red falling trend line from the topside looking a little fragile. The strength of the descending top line appears to be in doubt due to the lack of a third test. DOGE price would undoubtedly break through, as the present…