š„ Here Are Dogecoin Bottom, Pre-Pump, and Pump Years as Weekly Candle Signals $DOGE Gearing for the Next Run
Dogecoin (#DOGE ) has been capturing the attention of traders as its latest chart patterns suggest another explosive rally is on the horizon.
Dogecoin is struggling to maintain dominance above the $0.30 price level after plummeting by 7.5% over the past week. However, analysts believe a turnaround is imminent.
In a post on X, trader Tardigrade shared insights into Dogecoinās yearly and weekly price movements. He pointed to historical cycles and technical signals that hint at a significant bullish run on the horizon.
šø The Yearly Harmonic Pattern
The yearly chart reveals a striking harmonic pattern that divides Dogecoinās market history into three distinct phases: Bottom Years, Pre-Pump Years, and Pump Years.
Notably, Dogecoinās bottom years were 2015, 2019, and 2023, according to the analysis. These years mark Dogecoinās major market bottoms, where prices reach the lowest point of the cycle before an upward trajectory begins.
Meanwhile, the pre-pump years are 2016, 2020, and 2024. These were often characterized by early signs of recovery and accumulation. These years set the stage for substantial rallies. For instance, Dogecoin registered a 5X surge between September and December.
Notably, the pump years, including 2017, 2021, and the incoming 2025, have historically seen massive bullish candles, propelling DOGE to new heights.
Based on this recurring pattern, Tardigrade believes 2024 has served as a setup year. According to him, it is paving the way for a potential major breakout in 2025, which could mirror the explosive gains witnessed in 2017 and 2021.
šø Weekly Chart Signals Bottoming Zone
In addition to the yearly analysis, the weekly chart provides encouraging signs for Dogecoinās near-term prospects. Trader Tardigrade highlighted the appearance of a āSpinning Topā candlestick, a pattern that typically signals market indecision and a potential reversal.