Dogecoin Flashes Same Pattern That Led To 2021 Surge, Here’s The Target

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	17,978,270,827	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

17,978,270,827

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00047	0.38%	0.12563	0.12564	0.12565

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00047

0.38%

0.12563

0.12564

0.12565

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.13069	0.11897	0.12568	0.12516	0.055786 - 0.228990

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.13069

0.11897

0.12568

0.12516

0.055786 - 0.228990

Exchange	Last Trade	Size	Trade Price	Currency
CRTO	21:34:50	670.00	0.125659	USD

Exchange

Last Trade

Size

Trade Price

Currency

CRTO

21:34:50

670.00

0.125659

USD

Price x Volume	Volume	Base Symbol	Related Pairs
34,075,084.54	274,051,781.14	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

34,075,084.54

274,051,781.14

Dogecoin Flashes Same Pattern That Led To 2021 Surge, Here’s The Target

16/07/2024 2:30am

NEWSBTC

Crypto analyst Trader Tardigrade has highlighted a historical pattern that led to the Dogecoin price surge in 2021. Based on his analysis, the foremost meme coin is ready for a similar price rally, which could happen soon enough. Dogecoin Repeating Chart 2021 Pattern Trader Tardigrade mentioned in an X (formerly Twitter) post that Dogecoin is repeating the same chart pattern from 2021. He noted that the meme coin was “ready to go” and suggested that Dogecoin’s price rally would begin once the bull run returns into full gear. Dogecoin made an incredible run of over 28,000% in 2021, meaning that such an impressive price rally might be on the horizon again for the foremost meme coin. Related Reading: Ethereum Bulls Gear Up For Recovery – Can Spot ETFs Push Price To New Highs? Crypto analyst Javon Marks had previously predicted that Dogecoin would make a better run than it did in the 2021 bull run. He made this prediction because the meme coin has always surpassed its previous run in every subsequent bull run. Based on this, Marks predicted that Dogecoin could rise to as high as $17 in this market cycle. Crypto analyst Ali Martinez also once predicted that Dogecoin could rise to double digits in this market cycle. He made this prediction while noting that the meme coin looked to be mirroring its 2021 pattern. He added that this could be a “massive parabolic bull run” for Dogecoin if that were the case. These crypto analysts form a long list of persons who have made bullish predictions for Dogecoin. Although not as bullish as Marks and Matinez, someone like crypto analyst Kevin (formerly OG Yomi) has predicted that Dogecoin could rise to as high as $3 in this bull run. Crypto analyst Altcoin Sherpa also predicted that Dogecoin will eventually rise to $1in this market cycle. Meanwhile, crypto analyst Andrew Kang made a bullish case for Dogecoin heading into the latter parts of the bull run. He stated that meme coins account for most of the altcoins that will make new highs by year-end or the beginning of 2025. DOGE Ready For A Huge Reboud Trader Tardigrade recently predicted that Dogecoin could rise to as high as $0.14 when it makes this “huge rebound.” He made this prediction while stating that the meme coin has been “playing Wyckoff Accumulation,” meaning that Dogecoin whales have been adding their positions. The crypto added that “spring is here right now,” alluding to the massive bounce that Dogoicoin could make from its current price level. Related Reading: Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible? Dogecoin was one of the most affected coins following the recent market downtrend. This was mainly due to the meme coin’s strong price correlation with Bitcoin. However, with the flagship crypto back above $60,000, Dogecoin also looks primed for a massive rally, which could send its price to new highs. At the time of writing, Dogecoin is trading at around $0.11, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

DOGEUSD Dogecoin