Dogecoin (DOGE) has seen a 17% decline in the past week, causing concerns among investors. However, analysts remain optimistic, suggesting that historical trends could point to a potential recovery for DOGE.
The decline has worried many, but previous patterns in Dogecoin's price movements suggest that this could be a precursor to a significant upward trend.
These historical cycles have been used by analysts to predict future movements, and many believe that despite the current downturn, a bull run may be on the horizon.