% 🔥🔥

Dogecoin is poised to take off:

Historical patterns point to a 12,000% rally

The next DOGE rally? Historical data points to a potential 12,000% surge as activity surges!!! Dogecoin

Dogecoin address activity has surged by 111%, indicating strong interest ahead of a potential massive rally.

Historical patterns suggest that Dogecoin could see a 12,000% surge as whales ramp up trading.

Dogecoin (DOGE) has shown a recurring trend of sharp price increases followed by corrections. In 2017, DOGE surged by 212%, pulled back by 40%, and then gained 5,000%. Similarly, in 2021, it surged by 476%, corrected by 56%, and later surged by 12,000%.

In 2024, Dogecoin followed a similar path, increasing by 440% from $0.065 to $0.39547 before retracing by 46%.

According to crypto analyst Ali, this pattern suggests the potential for another major rally if the trend continues as it has in previous cycles.

Source: X

Current Price Action and Critical LevelsDogecoin was trading at $0.3167 at press time, reflecting a 1.43% decline over the past 24 hours and a 21.23% decline over the past week. The cryptocurrency’s market cap stands at $46.66 billion and its 24-hour trading volume is $4.37 billion.

Price data shows that DOGE is holding a long-term logarithmic price channel. Support levels are identified at $0.065 and $0.19-$0.20, $BTC