Dogecoin's price recently retreated to $0.34 after hitting highs above $0.40. Market analyst Trader Tardigrade has highlighted an intriguing analysis that draws parallels between Dogecoin's current market structure and the conditions that led to the cryptocurrency's monumental rally in 2021.
The comparison focuses on current conditions mimicking the setup before Dogecoin's significant rise, suggesting the potential for another massive rally. This pattern analysis, if accurate, could signal a positive outlook for Dogecoin investors.
Fonte: thenewscrypto.com ↗