⚡️ Another Dogecoin ($DOGE ) 'parabolic rally is on the way,' says expert
As Dogecoin (DOGE) struggles with short-term bearish sentiments, historical price movements and technical indicators suggest the top meme coin might be poised for another parabolic rally.
This outlook comes from renowned cryptocurrency trading expert Ali Martinez, who drew parallels between Dogecoin’s 2017 and 2021 movements, hinting at explosive growth after significant retracements, as shared in an X post on December 23.
Back in 2017, Dogecoin surged 212%, followed by a 40% retracement, before embarking on a 5,000% rally. Similarly, in 2021, DOGE climbed 476%, retraced by 56%, and soared by 12,000% to reach its all-time high.
