Dogecoin Bulls Are Back! Is DOGE Headed for a New All-Time High?

Dogecoin Bulls Are Back: Analyst Predicts Massive Rally!

There is a lot of hope that Dogecoin will see a significant upswing in the near future because the bull market is still active. Before the bull market ends, many cryptocurrency analysts think the upcoming rise might drive the dog-themed meme coin toward a new all-time high or yearly high.

Technical analyst and trader DOGECAPITAL maintains his strong faith in the well-known meme coin, pointing to a bullish forecast for Dogecoin shortly despite adverse market conditions. According to his analysis, as DOGE prepares for a big rally, it may be entering a new bull phase.

Dogecoin’s Chart Resembles 2017 Bull Cycle: Is a Rally Incoming?

DOGECAPITAL suggests that DOGE might be about to make a significant breakout by drawing comparisons between the current market structure and past bull cycle characteristics. According to the expert, Dogecoin has been able to maintain its prior pattern moves with recent price action.

DOGECAPITAL expects the meme coin to gradually move in the direction of the purple line or the $0.28 range after precisely modifying the chart to match the current price behavior. This performance is comparable to that of the prior cycle, specifically the bull market of 2017.

Experts are optimistic that the meme coin will rise in the upcoming weeks toward its current all-time high and beyond since DOGE mirrors the market structure of 2017. He therefore argues that 2025 will be Dogecoin’s most significant year.

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