254 days after Bitcoin's most recent halving, DOGE is attracting attention in the market with notable performance compared to BTC. Analysis of the DOGE-BTC weekly chart shows that current price patterns reflect the previous halving cycle. In particular, the Relative Strength Index (RSI) indicates that DOGE may be transitioning between two critical phases, referred to as Stage 2 and Stage 3 in the cyclical behavior.

Historical RSI Analysis and Current Developments

According to Master Kenobi's chart, in the previous halving cycle, the RSI remained above the moving average (MA) for 84 days before briefly dropping below. This period subsequently paved the way for a strong bull run, marking the transition into Stage 3.

Recent data shows that the RSI in the current cycle has also maintained 84 days above the MA before dropping to similar levels. This alignment with historical behaviors reinforces the reliability of the current observations.

Regarding price action, DOGE has experienced two weeks of decline against BTC, followed by a phase of sideways accumulation. This pattern is similar to the previous cycle, where the time between a local peak and the next peak lasted 77 days.

Applying this timeframe to the current cycle, the expected accumulation period will conclude around January 20, 2025. However, it is important to note that this analysis is based solely on time factors and does not predict the specific value of DOGE at that time.

DOGE 2025: Breakthrough Bull Run Target of $20 With 300x Returns

According to analysts, the performance of DOGE in each bull cycle has outperformed the previous cycle. Javon Marks' chart shows:

  • The 2017 cycle achieved an impressive price increase of 93x.

  • The 2021 cycle yielded a massive profit of 300x.

Forecasts for the 2025 cycle indicate the potential for growth exceeding 300x, pushing DOGE's price above $20. This aligns with the strong bullish trends historically associated with this cryptocurrency, while also generating significant expectations within the investment community.

Conclusion

DOGE is at a critical threshold in its development cycle, with technical indicators and historical price patterns indicating strong growth potential. If history repeats itself, DOGE could enter a significant growth phase in early 2025. However, investors need to be cautious and conduct thorough evaluations when making decisions, especially in volatile markets like cryptocurrency.

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