Analysis: Dogecoin mirrors 2021 rally, could hit $0.75 by January
December 13, 2024, 12:49 PM
Dogecoin (DOGE) is showing patterns similar to its 2021 breakout, with prices consolidating between $0.39 and $0.48 after a 480% rebound, according to Cointelegraph. The weekly Relative Strength Index (RSI) has entered overbought territory, echoing 2021 conditions that led to further gains. If history repeats, DOGE could surge 85% to $0.75 by January. Whale addresses holding over 1 million DOGE have reached a record 130.17 billion, signaling growing confidence, while Elon Musk’s influence and recent developments continue to fuel speculative interest.
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