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Dogecoin Cycle Signal: A Weekly Close Above $0.41 Could Make History
Based on historical patterns, Dogecoinâs price action often signals a major move after clearing a specific final resistance barrier. The focus is now on the weekly chart: a decisive close above the $0.41 level would replicate the exact conditions that launched previous parabolic rallies. This breakout is not just a technical move; itâs a cycle signal that could rewrite Dogecoinâs price history with another explosive surge. Historical Patterns Reveal DOGEâs Explosive Post-Breakout Rallies ĂOGECAPITAL, a well-known crypto analyst on X, recently shared insights into Dogecoinâs historical chart patterns, revealing a fascinating recurring trend. According to the analyst, Dogecoinâs weekly chart showcases a consistent pattern of explosive growth each time the asset breaks above a key yellow resistance line during the final phase of its market cycles. Related Reading: Historical Risk Levels Say Dogecoin Price Has Not Topped Yet, More Upside Coming? In the first major cycle, Dogecoin demonstrated remarkable strength, rallying 83x after successfully closing above this pivotal resistance level. The breakout marked the beginning of an extraordinary bullish phase that defined Dogecoinâs early reputation as one of the most volatile yet rewarding assets in the crypto market. During the second cycle, Dogecoin outperformed even its prior record, soaring roughly 183x once it breached the same yellow line. The pattern not only highlights Dogecoinâs cyclical nature but also strengthens the case that this technical formation has historically acted as a trigger for massive rallies. Dogecoin Nears The Key Breakout Zone Once Again According to ĂOGECAPITAL, Dogecoin is once again nearing the pivotal yellow resistance line on the weekly chart. With the line currently sitting around $0.41, the analyst noted that a confirmed weekly close above this level could mark the start of a new major rally. Related Reading: Dogecoin (DOGE) Soars 15% as Whales Buy 30 Million Tokens: Is a 20% Breakout Next? Breaking through the yellow line has consistently led to massive bullish expansions, suggesting that the current setup could once again serve as the foundation for another historic run. With the asset showing growing momentum, traders are watching closely to see if the breakout materializes in the coming weeks. While some may expect another exponential rally, potentially repeating the 83x and 183x gains from previous cycles, the analyst took a more cautious approach this time. Rather than making extreme predictions, ĂOGECAPITAL opted to remain conservative in the outlook for Dogecoinâs next leg upward. Based on this measured projection, the analyst anticipates a potential 37x move from $0.31 starting price in early 2025. If this scenario unfolds, it would put Dogecoinâs price around $11.71 by the end of 2025âa level that, while compared to past parabolic rallies, still represents a substantial gain and a strong continuation of the assetâs historical cycle pattern. Featured image from Pixabay, chart from Tradingview.com
Dogecoin Cycle Signal: A Weekly Close Above $0.41 Could Make History
Based on historical patterns, Dogecoinâs price action often signals a major move after clearing a specific final resistance barrier. The focus is now on the weekly chart: a decisive close above the $0.41 level would replicate the exact conditions that launched previous parabolic rallies. This breakout is not just a technical move; itâs a cycle signal that could rewrite Dogecoinâs price history with another explosive surge. Historical Patterns Reveal DOGEâs Explosive Post-Breakout Rallies ĂOGECAPITAL, a well-known crypto analyst on X, recently shared insights into Dogecoinâs historical chart patterns, revealing a fascinating recurring trend. According to the analyst, Dogecoinâs weekly chart showcases a consistent pattern of explosive growth each time the asset breaks above a key yellow resistance line during the final phase of its market cycles. Related Reading: Historical Risk Levels Say Dogecoin Price Has Not Topped Yet, More Upside Coming? In the first major cycle, Dogecoin demonstrated remarkable strength, rallying 83x after successfully closing above this pivotal resistance level. The breakout marked the beginning of an extraordinary bullish phase that defined Dogecoinâs early reputation as one of the most volatile yet rewarding assets in the crypto market. During the second cycle, Dogecoin outperformed even its prior record, soaring roughly 183x once it breached the same yellow line. The pattern not only highlights Dogecoinâs cyclical nature but also strengthens the case that this technical formation has historically acted as a trigger for massive rallies. Dogecoin Nears The Key Breakout Zone Once Again According to ĂOGECAPITAL, Dogecoin is once again nearing the pivotal yellow resistance line on the weekly chart. With the line currently sitting around $0.41, the analyst noted that a confirmed weekly close above this level could mark the start of a new major rally. Related Reading: Dogecoin (DOGE) Soars 15% as Whales Buy 30 Million Tokens: Is a 20% Breakout Next? Breaking through the yellow line has consistently led to massive bullish expansions, suggesting that the current setup could once again serve as the foundation for another historic run. With the asset showing growing momentum, traders are watching closely to see if the breakout materializes in the coming weeks. While some may expect another exponential rally, potentially repeating the 83x and 183x gains from previous cycles, the analyst took a more cautious approach this time. Rather than making extreme predictions, ĂOGECAPITAL opted to remain conservative in the outlook for Dogecoinâs next leg upward. Based on this measured projection, the analyst anticipates a potential 37x move from $0.31 starting price in early 2025. If this scenario unfolds, it would put Dogecoinâs price around $11.71 by the end of 2025âa level that, while compared to past parabolic rallies, still represents a substantial gain and a strong continuation of the assetâs historical cycle pattern. Featured image from Pixabay, chart from Tradingview.com