Dogecoin Price Shows Similarities To 2017, Will It See A Major Rally As Well?

Quick Summary:

Crypto analyst Master Kenobi has drawn a similarity between the current Dogecoin price action and that of the 2017 bull run.

Based on this similarity, the analyst suggested that the foremost meme coin could soon witness a major rally like it did in the 2017 bull run.

His accompanying chart showed that in 2017, Dogecoin witnessed a significant downtrend between May and September, having rallied earlier in the year.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: Dogeusdt Master Kenobi DOGE news Dogeusd Consolidation Period Dogecoin Dogecoin Dogecoin news Doge Meme coin Doge price Trader Tardigrade Dogecoin price Coinmarketcap

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 07:00:42 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25956342

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About Bitcoinist

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News Last Updated: 8 hours ago

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