#DOGE is likely to rebound after the pullback.#

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Overview

Dogecoin (DOGE) has recently experienced a 46% pullback. Analyst Ali Martinez observed that during the previous bull cycle, DOGE, after experiencing a 56% pullback, began its second wave of gains on January 25, 2021. If history repeats itself, DOGE's next wave of gains could begin as early as next week.

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Analysis

Analyst Ali Martinez believes that DOGE could be poised for a rebound after its recent pullback. He points out that during the previous bull market cycle, DOGE experienced a 56% price correction before embarking on a second leg up on January 25, 2021. Over the past few weeks, DOGE has seen a 46% pullback, and if history repeats itself, the next upward move could begin as early as next week. This view is based on DOGE's past price action during bull market cycles, where it often experienced significant pullbacks followed by new rallies. However, it's important to note that market conditions are constantly evolving, and past performance is not necessarily indicative of future results. Investors should carefully analyze market conditions and implement appropriate risk management practices when making investment decisions.

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Classic Views

DOGE historically rallied for a second time after a 56% retracement

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DOGE has recently experienced a 46% retracement and may be on the verge of a rebound

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If history repeats itself, the next rally in DOGE could begin as early as next week

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DOGE's rebound potential is worth watching

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