#Dogecoin may rebound after pullback#
Hot Topic Overview
Overview
Dogecoin (DOGE) has recently experienced a 46% correction, but analyst Ali Martinez believes that history could repeat itself. He pointed out on social media platform X that during the last bull market cycle, DOGE began a second rally on January 25, 2021, after experiencing a 56% price correction. Therefore, he predicts that if history repeats itself, the next DOGE rally could begin as early as next week.
Ace Hot Topic Analysis
Analysis
Dogecoin (DOGE) has recently experienced a 46% correction. Analyst Ali Martinez pointed out that during the previous bull market cycle, DOGE began its second leg up on the week of January 25, 2021, after a 56% price correction. If history repeats itself, the next leg up could start as early as next week. Martinez believes that DOGE's second leg up, which began on January 25, 2021, occurred after a 56% price correction. Therefore, he predicts that DOGE, after its 46% correction, could soon see a rebound, potentially starting as early as next week. This prediction is based on historical data, but market conditions are constantly changing, and the actual trend remains to be seen.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Dogecoin (DOGE) may bounce back after a pullback.
Historical data shows that DOGE began its second round of upward movement on January 25, 2021, after a 56% pullback.
DOGE has experienced a 46% pullback in recent weeks. If history repeats itself, the next round of upward movement could begin as early as next week.
Analyst Ali Martinez believes that DOGE's pullback may be over and the next upward movement is about to begin.