#Dogecoin may rebound after pullback.#
Hot Topic Overview
Overview
Dogecoin (DOGE) has recently experienced a 46% pullback, and analyst Ali Martinez points out that during the last bull market cycle, DOGE started a second leg up on the week of January 25, 2021, after experiencing a 56% price pullback. If history repeats itself, DOGE's next leg up could begin as early as next week.
Ace Hot Topic Analysis
Analysis
Dogecoin (DOGE) has recently experienced a 46% pullback, and analyst Ali Martinez points out that during the previous bull market cycle, DOGE began its second rally on the week of January 25, 2021, after experiencing a 56% price correction. If history repeats itself, the next rally could begin as early as next week. Martinez believes that DOGE's second rally, which began on January 25, 2021, occurred after a 56% price correction, and with DOGE having already experienced a 46% correction, there is reason to believe that a rebound may be coming soon. Of course, this is just an analysis of historical trends, and actual conditions may vary. Investors need to be cautious.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Dogecoin (DOGE) may be poised for a rebound after its pullback.
DOGE started a second leg up on January 25, 2021, after a 56% price correction during the previous bull run.
DOGE has experienced a 46% pullback over the past few weeks.
If history repeats itself, DOGE's next leg up could start as early as next week.