$1 or $10 DOGE Cycle Top Price Possibility Gains Traction as Dogecoin Nears Major Historic Surge Pattern

Bitcoin's Dominance Wanes as Altcoins Rally

Bitcoin's dominance continues to decline, with altcoins exhibiting bullish signals. Dogecoin, the original memecoin, stands out as a notable performer in this landscape.

Bitcoin Price Movement

Bitcoin's price has been trending downwards, dipping below $93,000. Analysts speculate a further decline to $86,000 before a potential recovery surpassing its previous all-time high of $108,000.

Altcoin Outlook

As Bitcoin undergoes correction, analysts are focusing on altcoins. Ethereum is expected to spearhead the bull phase of the altcoin season in early 2025. Analysts anticipate altcoins setting new all-time highs in the coming year.

Dogecoin's Historic Surge

Dogecoin has been displaying strong bullish indicators. A historic pattern for DOGE suggests a parabolic rally could be imminent.

• 2017: Surge of 212%, 40% retracement, subsequent rally of 5,000%.
• 2021: Jump of 476%, 56% retracement, explosion of 12,000%.
• 2024: Current surge of 440%, 46% pullback.

This pattern suggests a significant increase may be on the horizon. Speculation arises whether DOGE could potentially reach $1 or $10 during this bull cycle.

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