Cryptographic analyst Master Kenobi has established a similarity between the current action of the Dogecoin prices and that of the Bull Run 2017. On the basis of this similarity, the analyst suggested that the first piece of memes could soon attend a major rally as he has it Done in Bull Run 2017.
The Dogecoin Prize could come together on the similarity with the 2017 bull
In a X postMaître Kenobi predicted that the price of DOGECOIN could record a major rally according to its similarity with the Bull Run 2017. The analyst highlighted a similar training between the current Dogey model and the one who took shape in mid-2017, although he admitted that there were few differences.
Maître Kenobi pointed out that if the model takes place exactly, the peak for the Dogecoin price could occur at the end of April. His accompanying table has shown that in 2017, Dogecoin witnessed a downward trend Between May and September, having rallied earlier in the year. However, after the period between May and September, DOGE continued its upward trend because it joined $ 0.01 in December of the same year.
Similarly, the Dogecoin price has experienced a significant drop in November to date, having joined between September and October from last year. Just like in 2017, this downward trend could soon end, with Dogecoin entering the second phase of its Taure race High of all time (ATH) $ 0.73 or even more.
This is aligned with the previous prediction of Master Kenobi, in which he estimated that the price of the Doge could reflect the August phase of last year when a massive pump followed a period of prolonged consolidation. He said that if he reflected this August phase, Dogecoin could record A price increase of 6x from its current local background and its rally up to $ 1.25 before culminating in April or May.
Doge could surpass the entire cryptography market
Cryptographic analyst Tarden late has increased the possibility that the price of Dogecoin exceeds the entire cryptography market. The analyst seemed convinced that this could happen because he alluded to the bull cycle 2021 when the first same corner recorded historical gains, surpassing the other major cryptocurrencies of CAP in the process.
Like Master Kenobi, Tarden Tardigrade also suggested that the price of the Doge could soon start the next stage of his Bull Run. In another post X, the analyst said that Doge had shown a long wick on the daily graphic. He then raised the possibility that this candle triggers another Bull RunAs at the end of 2024. Delay Tardigrade also said that the most important piece of memes always had the potential to pump.
When writing these data from CoinMarketCap.
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