3 Altcoins Grok Just Flagged — Is MAGACOIN FINANCE the Best Crypto Presale to Buy Before August Ends?
Dogecoin may be playful in branding, but its price cycles are serious. The meme coin has returned to its long-standing historical buy zone. This level has sparked explosive rallies in past bull markets.
Analysts have been tracking the same price behavior since 2015. When DOGE hits the bottom of its parallel channel, it usually surges. The coin saw a 9,237% run in 2017 and a 13,337% move in 2021.
DOGE is currently changing hands at $0.2249. It is the fourth time that it has touched the key support line since 2023, and every time it has stabilized before taking off. The coin stabilized and took off each time. Dogecoin has remained within this elevating structure despite all these fluctuations over a decade. Most traders now anticipate that history will repeat itself.