Dogecoin will be launched to $0.43 thanks to a powerful reversal pattern.

The price of Dogecoin appears to be on the verge of reversing and making a big upward move.
At the bottom of a swing, an inverse head-and-shoulders pattern frequently drives explosive movement higher.
Point and Figure charts remove a lot of the noise and consolidation that comes with candlestick charts, revealing a more defined price action structure.

As pent-up demand and a return of bulls to the market, the price of Dogecoin is poised for a big comeback. However, a strong reversal pattern is apparent, which may lead to one of Dogecoin’s most rapid surges higher in the last six months.

A 100 percent increase may be generated by a Dogecoin inverted head-and-shoulder arrangement.

The inverse head-and-shoulder pattern is one of the most sought-after bullish reversal patterns in technical analysis. The power of this pattern is amplified by its emergence near the bottom of the swing low. Bulls will need to push Dogecoin over the neckline at $0.27 to close above it, but persistent price movement is expected to continue from there.

Using the Fibonacci expansion tool, a goal zone of $0.43 is projected. In Point and Figure analysis, the…