The price of Dogecoin did not review its 2021 summit of all time and is actually negotiating 75% below its $ 0.73 ATH after a series of accidents has shaken the cryptography market. These accidents were stimulated by US President Donald Trump declaring a total tariff war.
Interestingly, the market resumption was again launched by the president, who recently announced that the 145% tariffs placed on China would be considerably reduced. Consequently, the price of Dogecoin rises again, and the graphic models suggest that it could consider another increase of 600%.
The price of the Dogecoin could reflect November 2024 Surge
Crypto Steph analyst is recently crypto noted That the price of Dogecoin makes the same movements he made less than six months ago. With the published analysis, Steph explained that in 2024, the Dogecoin price completed 43 bars with a downward trend, which lasted 129 days.
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Once the downward trend has been completed and this plan completed, which followed was a month of rapid overvoltages, which allowed Dogecoin to drop from $ 0.1 to more than $ 0.46 in the coming months. This led to an increase of 500% by January 2025 before the market accident took over.
Now, again, it seems that Dogecoin has finished the same trend once again. The graph shows the same 43 bars created over 129 days during a downward trend, which could mean that the bottom is close. In such a case, the price of Dogecoin could prepare for another push.
If the overvoltage of November 2024 must pass, another 501% increase is imminent. This time, with the higher price than before the overvoltage of November, this would mean that the price of Dogecoin would possibly increase more than $ 0.5.
As for what it could take place, the Crypto analyst uses the time of the last occurrence. This suggests that the next two months are important and that the push could continue from May to July before reaching a peak.
2024 raised divergence refers
Steph is Crypto is not the only Crypto analyst to have seen similarities in the current table of Dogecoin prices compared to that of 2024. Another crypto analyst, Karan Asghar, went to X (formerly Twitter) to also reveal a training that has returned. This time, it is a bullish divergence that shows a background.
The last time this upward divergence appeared was between July and August 2024, and the next few months have seen the Dogecoin price consolidated and then ended with a rally. The analyst stressed that a similar upward divergence took place between March and April 2025 after a wick that could have made a background.
As for the price objective, it remains similar to that presented by Steph is is crypto, placing the price at more than $ 0.4. This is also the same time, in May and June which should be the important months when this wave could take place. If the two analyzes are correct, then Dogecoin investors could be in interesting driving like May takes place.
Dall.e star image, tradingView.com graphic
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