One of the favorite meme coins has again been in the headlines. Recent price action suggests that Dogecoin might probably be bottoming as it sets itself in for what could turn out to be a big bull run.
This has market observers looking toward some specific technicals that have signaled price surges in recent weeks. These indicators, marked through green and red lines, are currently penetrating, which raise hopes that the rally could start from the first week of September.
There are also reasons for optimism stemming from the cyclic nature of Dogecoin’s price rise. Recently, analysts have noted that DOGE has a sharp hike in price each three years.
$DOGE $10+ DOGECOIN?!
Recent weeks price action has established a bottom for #DOGECOIN. Historically, bull runs begins when the green and red lines intersect, leading to a price surge in the following weeks. I anticipate a similar pattern this cycle, potentially starting as… pic.twitter.com/7JkYs7rUDn
— Ðima James Potts (@D
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