Dogecoin And The FOMC: What Will Happen If The Announcement Is Positive Like 2021
Analysts constantly monitor Dogecoin price changes before of the FOMC meeting, citing its 2021 surge. A positive FOMC statement might boost Dogecoin prices, according to history.
DOGE Price Rally Linked To FOMC Decision
The FOMC kept rates steady in January 2021 to preserve liquidity in US financial markets. Dogecoin's price skyrocketed the following day after this decision.
Crypto researcher ChandlerCharts has analyzed the FOMC's impact on Dogecoin's future. The researcher found notable parallels in Dogecoin price behavior in January 2021 and 2025, which corresponded with FOMC meetings, by comparing two parallel charts.
In January 2021, Dogecoin rallied over the 0.618 Fibonacci extension level at $0.01, as seen on the left chart. Dogecoin rallied throughout the FOMC meeting and US Presidential inauguration, with the Federal Reserve's rate decision boosting it.
Chandler shows Dogecoin's current price structure on the right chart, showing a bullish trend. DOGE is trading at the 0.382 Fibonacci level at $0.33. This support level launched the Dogecoin price surge following the 2021 FOMC decision.
DOGE is trying $0.33 key support again, as in 2021. Its price activity leading up to January 2025 follows past trends, with a surge above the 0.618 Fib, a peak above the 1.0 Fibonacci level, and a pullback to the 0.236 Fib.
Chandler expects Dogecoin to soar to $0.5, the 0.618 Fibonacci level, if the January 28–29 FOMC supports liquidity as it did in 2021. The expert expects a greater rise to the $0.7 market top at the 1.0 Fibonacci level under identical market circumstances.
Bearish or Bullish? Upcoming FOMC Meeting Sets Tone
FOMC meetings, conducted eight times a year, have historically influenced the crypto market by revealing FED monetary policy decisions. X crypto expert Daitaro said the crypto market generally shows gloomy or positive mood before FOMC meetings.
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