Dogecoin (DOGE) may have to endure a prolonged tough phase before entering a strong bull run, expected to begin in April 2025. This is the assessment from expert Master Kenobi, a user on platform X, shared in a recent tweet.

According to Master Kenobi's analysis, Dogecoin has experienced notable price fluctuations in 2024, surging to a peak of about $0.23, then stagnating for several months before breaking out in the final months of the year, reaching new highs above $0.40.

If this price pattern repeats, Dogecoin could enter a stagnation phase until mid-April 2025, before exploding back around mid-year.

Can Dogecoin Rise Earlier Than Expected?

This is an interesting hypothesis. However, Dogecoin supporters will be pleased to know that the risks currently lean more towards the possibility of DOGE's price rising sooner than expected, rather than having to wait until April next year.

Why?

The Department of Government Efficiency (D.O.G.E) – a humorously named entity – under the leadership of Elon Musk (a long-time Dogecoin supporter) will officially operate in Washington starting in January.

The new U.S. President Donald Trump, who is predicted to have the most cryptocurrency-friendly policies in history, has tasked D.O.G.E with cutting down on fraud and waste in government spending.

Elon Musk has begun to make an impact in Washington. His outspoken criticism on platform X of a recent spending bill by Congress has reduced the length of the bill from over 1,500 pages to just over 100 pages.

D.O.G.E is forecasted to be a focal point in the headlines in 2025, ensuring that Dogecoin maintains significant attention in the meme coin market.

This means that as the economic policies of the Trump administration continue to drive up cryptocurrency prices in the coming weeks, Dogecoin will become one of the top choices for outstanding growth.

However, the current chart analysis indicates short-term downside risks for DOGE.

Currently trading around $0.32, Dogecoin has fallen below the 21-day and 50-day moving averages (21DMA and 50DMA) following a price crash last week.

DOGE has not yet retested the early 2024 high in the $0.23 range, a critical threshold that bears are targeting.

Chart analysis shows that DOGE may continue to decline in the short term. However, if the price drops to the low $0.20 range, this could be a good buying opportunity.

With the potential for Dogecoin to exceed the $1 mark and achieve a fivefold increase in this bullish cycle, it is considered one of the most worthwhile cryptocurrencies to buy right now.

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