Bitcoin dominance continues to fall as altcoins grow more bullish.
Pioneer memecoin Dogecoin is one such altcoin showing major pump indicators.
DOGE price prepares to hit new cycle top prices with ATHs of $1 and $10.
Bitcoin price continues to fall as BTC price dips further, now entering the $93,000 price range. This draws attention to some analysts who believe BTC price will dip to the $86,000 pierce range before it can continue its upward recovery past its previous ATH at $108,000 and surge to hit greater ATH targets.
Altcoin Show Major Pump Signals as BTC Dominance Falls
While analysts wait patiently for BTC to complete its correction phase, they look towards altcoins. According to some analysts, Ethereum will lead the bull phase of the ongoing altseason in January 2025. Despite some altcoins already setting new ATHs, analysts are certain that greater ATHs are set to arrive early in the new year.
Presently, Bitcoin’s falling dominance has led to a neutral market sentiment giving traders a chance to accumulate their most potential crypto assets before the super cycle pump begins. So far, many altcoins are showing highly bullish signals across their price charts and the pioneer memecoin asset Dogecoin (DOGE) is one of them.
$1 or $10 DOGE Cycle Top Price This Bull Run?
https://twitter.com/Investments_CEO/status/1871171301634945456
As we can see from the post above, this analyst highlights a recurring historic pattern for DOGE price. In detail, we can see how in 2017 and 2021, DOGE prices surged by 212% and 476% to retrace to 40% and 56%only to soar by 5,000% and 12,000%, respectively. In 2024, DOGE surged by 440% to pullback 46% which means a major surge is on the horizon. Could this be the bull cycle where the price of DOGE can finally hit $1 or $10?
The post $1 or $10 DOGE Cycle Top Price Possibility Gains Traction as Dogecoin Nears Major Historic Surge Pattern appeared first on Crypto News Land.
