Will #Dogecoin (DOGE) Produce a Santa Rally This December? Key Price Patterns to Watch
Historical trends and the early December rally point to a potential Santa rally, making DOGE a stock to watch during the holidays.
Last December’s performance was mixed, so traders should remain cautious despite the recent momentum.
This December, Dogecoin (DOGE) could experience a seasonal price increase as traders anticipate a possible “Santa rally” in the cryptocurrency market. As noted in a CNF post from late November, Dogecoin was set to hit the $1 milestone after a massive rally.
Typically observed in traditional financial markets, this rally refers to the price increase during the last week of December and the first days of January.