Dogecoin Price Prediction: Here’s What The 91-Day Pattern Says Could Happen Next 🐶
Crypto analyst Master Kenobi has hinted at a disruption in the 91-day pattern typically analyzed for Dogecoin price predictions. He noted that DOGE's price reached the green trendline at $0.46 but did not ascend to the yellow or orange trendlines.
This implies that the historical price action might not be replicated, particularly since the price hasn't met the anticipated highs of $2 or $4. Despite this, DOGE recorded its eighth consecutive green week, an indicator of potential upside momentum based on past patterns, especially the late 2017 bull market.
Moreover, during a previous significant period, Dogecoin experienced a remarkable 1,750% increase, commencing in November. However, this December's gains pale in comparison, suggesting the market remains unpredictable.
Another analyst, Kevin Capital, claims that DOGE is nowhere near a significant breakout, cautioning that prices below $0.60 should prompt investor caution. As of writing, Dogecoin is priced at $0.44, a nearly 4% decline in the past 24 hours.
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