Historical Data Shows Dogecoin Price Will Rise Above $5 This Bull Cycle

The crypto expert found on the daily chart that year 4 is always the last year of each cycle, when Dogecoin prices peak. He pointed to a chart indication that has forecast every Bitcoin peak. The researcher highlighted that Dogecoin peaks three to four weeks after Bitcoin.

Accordingly, the analyst expects Dogecoin's cycle peak between February 11th and May 7th. Diving further into the four-year cycle, expert found that Dogecoin's year 3 performance was better than in 2016 and 2020.

He reiterated his forecast that Dogecoin would conclude the year at $0.31, its greatest year 3 performance. Dogecoin's most crucial year has been year 4, and Dima James thinks it will exceed in 2025. The analyst expects higher usage and technical breakthroughs.

DOGE Finds Local Bottom

Crypto expert Trader Tardigrade suggested a Dogecoin bottom on X. The expert noted on a daily chart Doji Dragonfly touched 0.618 Fibonacci. He said that DOGE's price rejection at this level suggests a bottom.

The crypto expert recently said Dogecoin was rangebound. He said a breach above this zone might drive Dogecoin above $1 psychologically. Another X post by Trader Tardigrade said that Dogecoin has entered the daily Gaussian channel.

The crypto expert said that the Gaussian Channel supports Dogecoin, which has stopped its downturn near mid-band. In accordance with this, Trader Tardigrade predicted a bullish Dogecoin turnaround.

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