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Home > Information news > DOGE Poised for Rally as Post-Halving Historical Trends Indicate Bullish Phase

DOGE Poised for Rally as Post-Halving Historical Trends Indicate Bullish Phase

Release: 2024/07/18 17:45 Reading: 914

Original author：CryptoTale

Original source：https://coinmarketcap.com/community/en/articles/6698d72655972459370451b4

Dogecoin Rally Predicted After Halving, Says Mikybull

Mikybull Crypto anticipates a potential Dogecoin (DOGE) surge following previous halving events. Their analysis is based on historical price data and technical indicators, indicating bullish activity post-halving.

Dogecoin has exhibited a descending triangle pattern, suggesting a potential breakout and price increase. Currently trading at $0.1255, DOGE has risen 14.89% in the past week, outperforming the broader cryptocurrency market.

Mikybull Crypto highlights that Dogecoin's price has historically surged after each Bitcoin halving. This observation suggests a positive outlook for the cryptocurrency in the near future.

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