Dogecoin Flashes Pattern That Led To 30,000% Bull Rally In 2021
Oh, you thought Dogecoin was just a cute little meme coin? Well, surprise! It’s on a rally, and it’s holding strong, thanks to a flood of crypto money pouring in from everywhere. In the past two weeks, Dogecoin has casually waltzed from a comfy below $0.13 to a more sassy $0.22 to $0.24, and who knows? If it keeps up, it might just break past $0.25 and keep going. We’re all just sitting here, popcorn in hand, waiting to see if it will!
But here’s the twist—technical analysis, because, of course, we need fancy charts to make sense of all this. The meme coin might be setting up for something *huge*—we’re talking a potential 30,000% breakout! Yes, you read that right—THIRTY THOUSAND PERCENT. Let’s just say, it’s like Dogecoin is gearing up for a sequel to its 2021 rocket launch, except with better effects this time.
Trader Tardigrade Highlights Repeating DOGE/BTC Pattern
So, this brilliant trader named Trader Tardigrade (who, by the way, has the coolest name in crypto) took to social media to drop some knowledge. Apparently, Dogecoin is doing the same thing it did before its legendary 30,000% rally in 2021. I mean, come on—if it worked once, surely it can work again, right? Tardigrade’s analysis shows Dogecoin following a very familiar chart pattern, like déjà vu, but with more potential riches!
Now, if you look at the two-week chart of DOGE/BTC, it’s forming something called a “rounded base pattern” (don’t ask, just trust it). This is the exact pattern we saw before Dogecoin took off from $0.0024 to a jaw-dropping $0.739 in 2021. It’s like Dogecoin is running through the same script, and we’re all waiting for the sequel. Can’t wait for that Hollywood moment.
Check out the chart Tardigrade shared—this genius highlighted the similar phases between the two rallies. First, there was a period of suppression where Dogecoin was just chilling, then BOOM! Bitcoin surges, and that’s when Dogecoin starts to make its move. The chart also shows support levels during this base formation. And guess what? We’re at the point where things are looking prime for another breakout.
What To Expect From Dogecoin If History Repeats Itself
So, what’s next? According to Tardigrade’s analysis, we’ve got a three-phase event to look out for. Phase one: Bitcoin moves up, and the DOGE/BTC ratio drops a little because everyone is throwing their money at the big dog, BTC. Phase two: Bitcoin chills in sideways land, giving Dogecoin room to perform its little dance—think of it as the warm-up before the real action.
And then…brace yourself for phase three: the explosive 30,000% Dogecoin rally. We’re talking weeks of non-stop gains. It’s like watching the little engine that could—except this time, it’s the train that WON. The analyst even predicted that the Dogecoin/Bitcoin pair could hit over 240,000. For context, Dogecoin is currently sitting pretty at $0.235. A 30,000% gain would send that baby soaring to about $70. Can you even imagine? The memes will practically make themselves!
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2025-05-15 01:13