DOGECOIN MAY BE PREPARING FOR A BIG RISM, ANALYST EXPLAINS
An analyst has explained how Dogecoin could be gearing up for its next bull run, if the historical pattern is any indication.
Dogecoin has recently shown a trend similar to past cycles.
In a new post on X, analyst Ali Martinez discussed how Dogecoin has been forming a familiar pattern in its monthly price action recently.
Below is the chart shared by the analyst, which illustrates the pattern in question.
As visible on the chart, Dogecoin has been stuck inside a long Descending Triangle between 2021 and 2024.