Dogecoin is hovering near its previous peak and may reflect a decline as the upward momentum continues.
Last month, whales bought more than $11 billion worth of Dogecoin.
Many analysts believe the price could rise above $0.95 if historical patterns repeat.
Dogecoin is sending positive signals, supported by recurring chart patterns and strong long-term forecasts. Trader Tardigrade believes that Dogecoin is currently pulling back from a consistent upward trend pattern that has historically driven strong price returns. It seems that history is repeating itself, as it did in 2017, indicating a potential comeback for Dogecoin similar to what was seen in 2021 during the current price consolidation period
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