#ReboundRally
Dogecoin Poised to Take Off:
Historical Patterns Point to 12,000% Rally
Next DOGE Rally? Historical data points to a potential 12,000% surge as activity surges!!!
Dogecoin
Dogecoin address activity has surged 111%, indicating strong interest ahead of a potential massive rally.
Historical patterns suggest Dogecoin could see a 12,000% surge as whales ramp up trading.
Dogecoin (DOGE) has shown a recurring trend of sharp price increases followed by corrections. In 2017, DOGE surged 212%, pulled back 40%, and then gained 5,000%. Similarly, in 2021, it surged 476%, corrected 56%, and subsequently surged 12,000%.
In 2024, Dogecoin followed a similar path, increasing by 440% from $0.065 to $0.39547 before retracing by 46%.
According to crypto analyst Ali, this pattern suggests the potential for another major rally if the trend continues as it has in previous cycles.
Source: X
Current Price Action and Critical Levels
It is trading at $0.3167, reflecting a 1.43% decline in the past 24 hours and a 21.23% decline in the past week. The cryptocurrency has a market cap of $46.66 billion and a 24-hour trading volume of $4.37 billion.
