Why This Recurring Trend Could Cause A 10,000% Dogecoin Surge

Dogecoin is noted for its strong bull market rises. These strong returns have made it an investment darling, and this cycle is no different. With experts expecting another crypto market bull run in the coming months, Dogecoin's price might soar into the double-digits.

Previous Bullish Chart Formations
Crypto expert Dima James Potts posted an intriguing Dogecoin chart formation on X (previously Twitter). This research considers the meme coin's crypto bull cycle performance and price behavior before each rally.

The crypto expert notes that the Dogecoin bear market bottom and bull cycle peak intersected before the 2017 bull market. After this, the meme currency rallied 9,000% from $0.00009 to $0.014.

Then, like clockwork, Dogecoin pricing replicated the trend before the 2021 bull cycle. As seen in the graphic, the bear market bottom and bull market peak lines intersected again.

This crossroads started another Dogecoin rally as in 2017. Dogecoin rose 18,000% from $0.015 to $0.7 with aid from billionaire Elon Musk.

Today, this pattern has reappeared, and the crypto expert believes it to foreshadow another DOGE price increase. Like previously, the lines intersect. Potts also notes that Dogecoin usually rises in the third year of every cycle. This places the next bull rally in 2024 before the 2025 huge rally.

Dogecoin Could Reach $10

Potts thinks Dogecoin will rise significantly, particularly in 2025, because to its comparable trajectory to the prior two bull cycles. He expects DOGE to reach $10 based on recent surges.

This would enhance the meme coin's price by 10,000% from $0.1. In 2017, Dogecoin increased 9000%, and in 2021, it rose 18,000%. The crypto researcher said if this tendency continues, the third cycle may see much more price increase.

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