What Will Dogecoin Price Do After Bitcoin Halved And Previous Cycles?

While viewing the DOGE-BTC weekly chart in logarithmic mode, an X post observed 254 days since Bitcoin Halving. Comparing Dogecoin price behavior to the last cycle, he said the RSI implies DOGE is between Step 2 and Step 3.

In the past cycle, the RSI was 84 days above the MA, momentarily went below it, and then began a big pump at Step 3. The graphic shows Dogecoin falling versus BTC for two weeks before moving sideways. Local high to next peak was 77 days.

Crypto analyst: Dogecoin pricing is following a similar trajectory. DOGE's RSI dropped below the MA at around the same level after 84 days above it. Recent market activity suggests a 77-day consolidation period from the previous cycle peak to the next.

Master Kenobi predicted a Dogecoin price high around January 20, 2025, using this 77-day timetable. He said he prioritizes time above value. Meanwhile, the crypto expert highlighted a January 20 event that might boost DOGE.

Master Kenobi alluded to Trump's inauguration. Since Elon Musk's Department of Government Efficiency (D.O.G.E) will launch, the inauguration might boost Dogecoin prices.

DOGE Retested Critical Zones

Crypto expert Kevin Capital said on X that Dogecoin has retested $0.26, the macro golden pocket, and Bull Market Support band. The leading meme currency needs a substantial recovery from this zone to stay macro-bullish and rise, according to the crypto expert.

Kevin warned that weekly closing losses below $0.26 might be disastrous. Crypto expert Trader Tardigrade predicted a Dogecoin price rise. He saw DOGE's symmetrical triangle and said it may support the following leg.

Dogecoin is now selling at $0.31, down over 2% in 24 hours, according to CoinMarketCap.

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