Dogecoin has deviated from the bullish trends established during the previous bull cycle, after starting this year with important price accidents. With this downward trend, the most important meme piece seems to be heading for another red month, which will still raise concerns concerning Bull Run de Doge This year.
Dogecoin deviates from the established bullish trends
Cryptorank data Shows that Dogecoin deviates from the historic upward trend in the Bull Run 2021. The first same corner began the year with a downward trend, having suffered Important crashes Since January. In January, the same piece closed the month with a meager gain of 4%. However, its price has been a death since the beginning of February, with a loss of 20% since the start of this month.
It is nothing compared to the increased race that Dogecoin appreciated at the beginning of the year for 2021 Bull Run. At the time, DOGE recorded a gain of 711% in January, then followed it with a gain of 26% in February. In fact, the first piece of memes closed the first four months of 2021 in the green, recording gains of 11% and 546% in March and April, respectively.
However, this Bull Run of 2025 takes place differently, in particular with the Dogecoin driving suffered a 20% accident this month and seems likely to end this month in the red. A monthly red fence could invalidate the similarities between 2021 and 2025 Bull Run And raise concerns about how this market cycle could take place.
However, the historic trend of Bull Run 2017 offers a certain optimism in the middle of the current Dogecoin action in this bull. In 2017, the first started the year in red, with a monthly loss of 7% and 2% in January and February, respectively. DOGE then made a bull within three months, recording a gain of 59%, 124% and 256% in March, April and May, respectively.
Doge is still at risk of new short -term accidents
Crypto analyst Ali Martinez suggested that Dogecoin was still at risk of new short -term price accidents. In a post X, the analyst revealed that Doge had just seen a death crossing between the Market value with the value achieved (MVRV) and its mobile average at 200 days (MA). He also noticed that prices had dropped by 26% and 44% the last two times that has happened.
When writing data from CoinMarketCap.
Felash star image, tradingView.com graphic