According to Cephii, a crypto analyst on X (formerly Twitter), the current Dogecoin price pattern resembles that of the 2021 election inauguration. This similarity suggests a potential price surge to new all-time highs in the near future.
Despite experiencing a decline of more than 10% over the past week, Dogecoin continues to show signs of strengthening amid bearish market conditions. The analyst's insights suggest that Dogecoin might soon replicate its past performance seen during the 2021 event.