Dogecoin is showing signs of entering a significant bull run, with historical cycle data pointing to a potential surge toward $1.60.
The cryptocurrency’s price patterns since 2014 reveal a recurring sequence of correction, accumulation, and explosive growth phases, now seemingly repeating in 2025.
According to COINOTAG analysis, Dogecoin has completed its accumulation phase, suggesting a possible 1000% rally in the near term.
Dogecoin’s historical price cycles indicate a new bull run may be imminent, with technical analysis forecasting a potential rise to $1.60 in 2025.
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Since its inception, Dogecoin has demonstrated a distinctive market cycle characterized by periods of correction followed by accumulation and then rapid price appreciation. This pattern has been consistent across multiple cycles, notably in 2017 and 2021, where Dogecoin experienced gains exceeding 2000% and 25,000%, respectively. The current market behavior suggests that Dogecoin is once again completing its accumulation phase, a critical precursor to a substantial price rally. This cyclical nature provides traders with a framework to anticipate future movements, making the potential breakout toward $1.60 a plausible scenario based on historical precedent.
Recent technical analysis highlights that Dogecoin’s price action aligns closely with previous bull run setups. Despite a minor 1.78% dip in the last 24 hours, the token maintains a healthy trading volume near $960 million, reflecting sustained market interest. Chart patterns indicate that Dogecoin has successfully navigated through the correction and accumulation stages, which historically precede explosive upward trends. This technical structure, combined with strong volume metrics, bolsters the case for a significant price surge, potentially reaching a 1000% increase from current levels.
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Source: https://en.coinotag.com/dogecoin-historical-cycle-suggests-possible-bull-run-toward-1-60-target/