Dogecoin Gears Up: Analyst Predicts Imminent Bull Run Based on Recurring Price Fractal
A prominent crypto analyst, Cryptollica, has identified a compelling cyclical fractal in Dogecoin's price action, suggesting that the popular meme coin is on the verge of its next major bullish surge. This analysis offers a highly optimistic outlook for DOGE, hinting that now might be an opportune time for investors to accumulate. The findings point to historical patterns that have consistently preceded significant price rallies for Dogecoin, leading to expectations of a repeat performance.
Unlocking Dogecoin's Cyclical Momentum
Cryptollica's latest analysis, shared on X (formerly Twitter), highlights that Dogecoin is currently positioned at "Point 4" within a well-defined cycle fractal. This pattern has historically repeated itself at macro levels, showcasing four distinct structural phases that dictate Dogecoin's trajectory. The initial phases, "Rounding Bottoms" (Zones 1 and 2), are characterized by diminishing volatility and strategic accumulation by "smart money." Notably, Zone 2 served as the critical launchpad for Dogecoin's massive parabolic rally in 2021. The current price action in Zone 4 mirrors this "rounding bottom" formation, suggesting a period of stabilization before an upward explosion.
The Golden Pocket and RSI's Bullish Signal
Further reinforcing the bullish sentiment, Cryptollica points out that Dogecoin resides within a "Golden Pocket" for accumulation. This strategic zone, combined with the technical structure, indicates that the current calm in price is merely a prelude to substantial movement. The analyst emphasizes Dogecoin's Relative Strength Index (RSI) hitting the 32 level, a historical floor that has consistently marked macro bottoms for the asset. Each time the weekly RSI has touched or hovered near this baseline, Dogecoin has formed a significant macro bottom, signaling seller exhaustion and a primed momentum shift. If these fractals replicate, investors could witness a rally pushing the DOGE price well above the $1 mark. At the time of reporting, Dogecoin trades around $0.127, having seen a minor dip in the last 24 hours.
