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$DOGE The analyst Tardigrade has pointed out historical patterns in the price movements of Dogecoin, suggesting that the current decline could be part of a larger cycle before a significant rebound. In 2016, DOGE experienced a 59.76% retracement before skyrocketing by 9221%. In 2020, a 56.2% drop was followed by another surge that reached an all-time high.
Based on this history, Tardigrade predicts a bullish return for Dogecoin, with price targets potentially exceeding $2.
