According to Trader Tardigrade (@TATrader_Alan), Dogecoin's 4-hour Relative Strength Index (RSI) has broken out of a trendline, indicating increased uptrend momentum. This is a positive signal for traders anticipating a price increase if Dogecoin can also break out of its Descending Trendline.

According to Trader Tardigrade, Dogecoin may outperform other altcoins, including Ethereum, in the upcoming altseason. The $DOGE/$ETH monthly chart suggests a trendline breakout in late 2024. Currently, Dogecoin is consolidating above the trendline, which is considered a retest, and is poised for an uptrend continuation. This analysis is based on technical chart patterns and historical data.