#Dogecoin may rebound after pullback.#
Hot Topic Overview
Overview
Dogecoin (DOGE) recently experienced a 46% correction, but analyst Ali Martinez believes that, referring to the historical trend in January 2021, DOGE started a second round of rally in the same week after a 56% correction, therefore, the next DOGE rally could start as early as next week.
Ace Hot Topic Analysis
Analysis
Dogecoin (DOGE) has recently experienced a 46% correction, analyst Ali Martinez points out that during the previous bull market cycle, DOGE began its second leg up on the week of January 25, 2021, after experiencing a 56% price correction. If history repeats itself, the next leg up could begin as early as next week. Martinez observed that on the week of January 25, 2021, DOGE began its second leg up after experiencing a 56% price correction. Therefore, he believes that if history repeats itself, DOGE could start its next leg up next week. This view is based on historical data, but market conditions are constantly changing, and the actual trend still needs to be observed.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Dogecoin (DOGE) may bounce back after a pullback.
DOGE began its second leg up on January 25, 2021, after experiencing a 56% price pullback during the previous bull cycle.
DOGE has experienced a 46% pullback over the past few weeks.
If history repeats itself, DOGE's next leg up could begin as early as next week.