- Dogecoin breaks above a symmetrical triangle pattern and readies for liftoff to $0.4.
- Elon Musk becomes the official “Dogefather” ahead of the Saturday Night show.
- The immediate support at $0.30 should be defended; otherwise, a correction may occur toward $0.15.
Dogecoin led the price action in the cryptocurrency market on Wednesday, breaking away from the slugging crypto assets. The majestic price action happened in the wake of a tweet sent by Elon Musk, the founder of Tesla. DOGE spiked by more than 20%, hitting $0.35 for the first time in more than a week.