Dogecoin (DOGE) has recently seen notable price activity and investor interest, driven by multiple factors, including the upcoming U.S. presidential election and a resurgence in broader crypto markets. The coin’s value surged to approximately $0.2173, up 24% in early November, amid renewed enthusiasm and speculations that influential support from figures like Elon Musk and Donald Trump could drive DOGE even higher. Analysts suggest that a potential Trump victory could further lift the cryptocurrency, as his pro-crypto stance might enhance public and regulatory support for digital assets. Additionally, technical indicators suggest a promising setup for Dogecoin. The two-month Logarithmic MACD, a momentum indicator, recently flipped bullish, echoing a setup seen in 2021 before DOGE’s meteoric rise. If this pattern holds, Dogecoin could be poised for substantial gains, possibly surpassing its previous all-time highs.